Wishing upon a star; Disney's boardroom battle.
Economist (US), The, December, 2003
Why Michael Eisner's enemies may be guilty of wishful thinking
ROY DISNEY, nephew of Walt Disney, and an ally, Stanley Gold, have been trying to get rid of Disney's boss, Michael Eisner, for years. Their latest plot was to persuade him to step down gracefully next year, which will be his 20th anniversary at the head of Disney. But that failed, and instead both men have left the board: Mr Disney (pictured above, with chums) resigned at the weekend, rather than wait to be forced off because of his age, and Mr Gold left voluntarily on Monday, December 1st.
Both men used the occasion to write long, bitter letters calling for Mr Eisner's head. Now that they are free to talk to investors and the media, they plan to wage a public war against him, for years if...
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