Michael_Eisner - DISNEY WINS SHAREHOLDERS SUIT

DISNEY WINS SHAREHOLDERS SUIT

Outgoing Disney CEO Michael Eisner participates in a Hollywood Walk of Fame ceremony July 14, 2005. A court decision yesterday cleared the Walt Disney Co. in connection with a lucrative severance package given to former company president Michael Ovitz. Ruminating on Eisner, the ruling judge wrote: "By virtue of his Machiavellian (and imperial) nature as CEO, and his control over (Michael) Ovitz's hiring in particular, Eisner to a large extent is responsible for the failings in process that infected and handicapped the board's decisionmaking abilities. "Eisner," the judge continues, "stacked his (and I intentionally write "his" as opposed to "the Company's") board of directors with friends and other acquaintances who, though not necessarily beholden to him in a legal sense, were certainly more willing to accede to his wishes and support him unconditionally than truly independent directors." . (UPI Photo/Jim Ruymen/File


UPI Related News
Nickelodeon renews 'Glenn Martin'
NEW YORK, Oct. 6 (UPI) -- Nickelodeon said Tuesday it has ordered a second season of 20 episodes of its U.S. stop-motion animated series, "Glenn Martin, DDS."
Nealon, O'Hara to star in new TV comedy
NEW YORK, March 12 (UPI) -- Kevin Nealon, Catherine O'Hara and Judy Greer have signed on to lend their voices to the new U.S. stop-motion animated comedy series, "Glenn Martin, DDS."
Eisner to interview Ferguson, Marshall
ENGLEWOOD CLIFFS , N.J., Feb. 16 (UPI) -- Craig Ferguson, Penny Marshall and Stan Lee have agreed to appear on "CNBC's Conversations with Michael Eisner," the U.S. network announced.
LOS ANGELES, May 19 (UPI) -- The new Web hit "Prom Queen," funded by Michael Eisner's Los Angeles company, has already had 3.7 million views on Myspace.com. The flashy teen-aimed soap opera would fit in nicely on MTV or the CW, but with 80 episodes at just 90 seconds each, its true h
NEW YORK, Jan. 10 (UPI) -- Former Walt Disney Co. Chairman and CEO Michael Eisner is host of a new bimonthly, prime-time interview show for CNBC, it was announced Tuesday.
NEW YORK, Oct. 6 (UPI) -- Michael Eisner has made an earlier-than-expected departure from the board of Walt Disney Co.
WILMINGTON, Del., Aug. 10 (UPI) -- A Delaware judge gave a highly qualified pass to Walt Disney Co.'s outgoing chief executive for paying a fired executive $140 million.
LOS ANGELES, July 5 (UPI) -- Walt Disney Co. CEO Michael Eisner's tribute to Keewaydin, the Vermont camp where he spent his teenage summers, is staying off the best-seller lists.
LOS ANGELES, March 13 (UPI) -- The Walt Disney Company announced Sunday that Robert Iger will succeed Michael Eisner as chief executive in September, the New York Times reported.
LOS ANGELES, Dec. 10 (UPI) -- Showtime is planning a movie about the doomed relationship between Disney chief Michael Eisner and former colleague Mike Ovitz, Daily Variety said Friday.
1 of 3 Prev | Next
Other Related News
nytimes.com at 22 Nov 2008 09:25 pm
Michael Eisner has settled into a comfortable post-Disney existence, staking a claim on Web entertainment.
nytimes.com at 22 Nov 2008 05:17 pm
Michael Eisner has settled into a comfortable post-Disney existence, staking a claim on Web entertainment.
Man listens to album for 524 straight days (40 min)
COL BKB: Michigan State 90, Valparaiso 60 (44 min)
Man happy with simple life in Utah cave
Man halts parade to propose to girlfriend
Murray tops del Potro in ATP Finals opener
UPI NewsTrack Entertainment News
Record attempt uses 430 gallons of stout
fark
Flooding continues in Lancashire. Maybe if they drilled some drainage holes...about 4,000 should...
Man to marry his virtual girlfriend this weekend. Newlyweds will honeymoon at resort basement with...
Ahmadinejad in Tehran has a plot / But the US and Israelis think not / So they'll ready their planes...
Be glad for the tryptophan in the turkey on Thanksgiving. It blocks the 9 aphrodisacs from turning...
Las Vegas passes law requiring all dogs and cats be sterilized. You bet your dog wants a bus ticket....
Brits up in arms over proposal to have their national health system provide counseling to couples...