Wednesday, November 19, 2003

Why Is Eisner Still At Disney?

Wasn't November supposed to be the month that Eisner either showed some miraculous growth numbers for Disney or he was to be shown the door? Sheesh. Will someone fire Michael Eisner already!

We all know that he is antagonizing Steve Jobs and the guys at Pixar who are singlehandedly saving Disney's bacon.

Michael Wolff made an interesting comment on Eisner a while ago in his column in New York.

Eisner has made himself indispensible at Disney. He has a large amount of shares and, like an African dictator, he has never groomed a succesor. So it would be hard to fire Eisner without greatly affecting the already bad stock price.

Sad that a public company has to be held hostage to the Hollywood tactics of a real punk like Michael Eisner. Will the Board of Directors react? only time will tell.

No comments: