CujoSR
03-03-2004, 09:57 PM
From CNN... (http://money.cnn.com/2004/03/03/news/companies/disney/index.htm?cnn=yes)
The board opted to separate the positions of chairman and chief executive at a meeting that followed what was an often quarrelsome five-hour annual shareholder meeting in Philadelphia earlier in the day. It unanimously elected former U.S. Senator George Mitchell chairman.
Eisner will keep the CEO job and the board in its statement said it remained "unanimous in its support" of Disney's management team. He's still CEO but he's off the board. Hooray!!
The board opted to separate the positions of chairman and chief executive at a meeting that followed what was an often quarrelsome five-hour annual shareholder meeting in Philadelphia earlier in the day. It unanimously elected former U.S. Senator George Mitchell chairman.
Eisner will keep the CEO job and the board in its statement said it remained "unanimous in its support" of Disney's management team. He's still CEO but he's off the board. Hooray!!