久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

  Home>News Center>Life
         
 

Disney's Eisner to step down in Sept 2006
(Agencies)
Updated: 2004-09-12 09:25


Eisner poses with Disney character Donald Duck during a Hollywood Walk of Fame unveiling ceremony in Los Angeles, California August 9. [Reuters/File]
Walt Disney Chief Executive Michael Eisner on Friday said he will step down from the media conglomerate in 2006, aiming to end his two-decade reign on his own terms after a shareholder revolt nearly cut it short earlier this year.

Eisner informed the board of his decision in a letter made public on Friday, which signaled the end of tenure of one of Hollywood's most powerful and well-paid moguls.

Eisner, now 62, was a young and relatively unknown executive when he took over the faded Hollywood icon and theme park company, revitalizing it and vastly expanding its depth and scope of activity.

But he has also been the target of intense criticism in recent months, warding off a takeover bid from cable operator Comcast Corp. and defending his stewardship against former allies Stanley Gold and Roy Disney, who helped recruit Eisner and now want to kick him out.

Eisner did not comment on whether he would keep his board seat or attempt to take the chairman job when he retired as chief executive. Gold and Roy Disney, the nephew of founder Walt Disney, have said previously that they will probably launch a fight to put supporters on the board. Analysts said Eisner's decision diffused any internal or external efforts to displace him earlier.

Gold and Disney were not available to comment on Friday.

Activist shareholder Calpers, the largest U.S. fund, welcomed Eisner's decision but questioned his plan to stay for two more years and said he should leave the board.

"His continued presence on the board would prevent the company from the clean break that is needed to restore investor confidence," Sean Harrigan, president of the California Public Employees' Retirement System, said in a statement.

The Disney board responded to a revolt at the March annual meeting by stripping Eisner of his role as chairman. Disney is also forecasting improving profits through 2007 and Eisner and executives have repaired relations with some unhappy shareholders.

Analyst Tom Wolzien of Sanford Bernstein said a careful and broad search for a new chief executive would be key for institutional shareholders.

On Eisner's watch, the company aggressively moved into television by buying the ABC television network and the sports cable juggernaut ESPN.

But regard for Eisner has slipped somewhat in recent years, as the company overpaid for the ABC Family cable network and expanded its parks just as the travel downturn began.

Disney forecasts profit from continuing operations will rise by more than 50 percent this year, and continue to rise next year by double digits. But the sale of the money-losing Disney Stores likely will crimp net profit this year.



HK film "A1" premiers in Beijing
Diving prince Tian Liang jumps for the mic
Guests arrive for Brunei crown prince's wedding
  Today's Top News     Top Life News
 

Agricultural trade deficit implies food crisis?

 

   
 

Foreign energy giants bid for nuke contracts

 

   
 

Firms fail to cash in on Olympic golds

 

   
 

HK holds election for LegCo

 

   
 

Explosions rock Baghdad near US offices

 

   
 

With 56 dead, Ivan intensifies off Jamaica

 

   
  Art fest held in Hangzhou
   
  Disney's Eisner to step down in Sept 2006
   
  No need to leave home to enjoy the arts
   
  Dyslexia not the same the world over
   
  Students turn away from medical test
   
  Photo may be first of extrasolar planet
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Feature  
  Chinese Lady Dai leaves Egyptian mummies for dead  
Advertisement
         
主站蜘蛛池模板: 国产精品三级在线播放 | 99re热视频这里只精品 | 久久精品国产只有精品6 | 久久福利精品 | 国产猛烈无遮掩视频免费网站男女 | 国内精自品线一区91 | 太平公主三级dvd | 欧美一区二区三区在线观看免费 | 亚洲综合爱久久影院 | 97国产精品欧美一区二区三区 | 午夜两性试爱视频免费 | 成在线人永久免费播放视频 | 99久免费精品视频在线观看2 | 日韩欧美综合在线二区三区 | 精品成人免费视频 | 91精品国 | 国产亚洲欧美日韩在线观看一区二区 | 成人黄色免费观看 | 国内精品久久影院 | 欧美亚洲一级片 | 久久精品男人的天堂 | 国产成人精品福利网站在线 | 国产第一页在线观看 | 国产日产韩产麻豆1区 | 老司机成人免费精品视频 | 国产免费一区二区三区在线 | 国产精品久久久久久久久免费观看 | 精品欧美一区二区在线看片 | 三级黄网站 | 在线精品国产一区二区 | 精品在线播放视频 | 日韩精品亚洲专区在线观看 | 国产免费自拍 | 一级做a爰片毛片 | 亚洲一区二区三区欧美 | 国产中文字幕在线免费观看 | 欧美高清免费一级在线 | 4455四色永久免费 | aaa大片 | 国产精品久久国产三级国不卡顿 | 中国性猛交xxxxx免费看 |