Eisner Criticizes, Defends Ovitz
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GEORGETOWN, Del., Nov. 16 -- In January 1996, Walt Disney Co. executives took a field trip to the company's theme park in Orlando. In keeping with tradition, the Disney brass, including chief executive Michael D. Eisner, rode around the park together in buses.
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Walt Disney Co. should have fired Michael Ovitz rather than paying him &#36;140 million in severance, a legal expert testified on Thursday in support of shareholders suing the Disney board.
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Former Walt Disney Co. President Michael Ovitz affirmed that his efforts to improve the company were sabotaged by managers, including Chief Executive Michael Eisner.
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Father Leo O&#39;Donovan, a Walt Disney Co. director and Jesuit priest, testified that he believed CEO Michael Eisner had the &quot;proper authority&quot; to boot Michael Ovitz from the company.
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Disney boss Michael Eisner faces opposition about his plan to step down in 2006, with some shareholders saying it should be sooner.
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Michael D. Eisner, chief of Disney, downplayed his decade-long relationship with Michael S. Ovitz, the former president of Disney, as he began testifying in a shareholder lawsuit.
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Walt Disney Co. Chief Executive Michael Eisner on Tuesday said Michael Ovitz's troubles were rooted in a sense of elitism, pointing to a corporate retreat at which Ovitz rode in a limousine while other executives piled into a bus.
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GEORGETOWN, Del.  - Michael Ovitz said he fought  and begged to stay on at Walt Disney Co. until his good friend  and boss Michael Eisner pushed him out, the former Disney  president, now at the center of a shareholder lawsuit,  testified on Wednesday.
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Once labeled the most powerful man in Hollywood, Michael Ovitz portrayed himself yesterday as a victim whose every move at Disney was thwarted by his boss, Michael Eisner.
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In a interview on CNN&#39;s &quot;Larry King Live&quot; in September 1996, Michael D. Eisner, chief executive of the Walt Disney Company, praised its former president, Michael S. Ovitz.
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Michael Eisner, the chief executive of the Walt Disney Co., on Thursday said it was "stupid" to appear on a national television show in 1996 to show his support for Michael Ovitz and conceded he was less than candid with the public during the interview.
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GEORGETOWN, Del.  - Michael Ovitz, once a top  Hollywood dealmaker, is set to testify Tuesday to face charges  by angry Walt Disney Co. shareholders that he cheated them when  he left the company with a $140 million severance package.
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The former director of the Walt Disney Company who helped negotiate the contract of Michael S. Ovitz, its former president, said the uproar after Mr.
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A Walt Disney Co. director testified Tuesday that he believed Disney chief executive Michael Eisner had the authority to fire Michael Ovitz as the entertainment giant&#39;s president.
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ORLANDO, Fla. - Michael Eisner&#39;s fighting back. The embattled Disney boss is gearing up to defend his hiring and firing of former Hollywood superagent Michael Ovitz as Disney&#39;s No.
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Former Walt Disney Co. Director Richard Nunis testified today he deferred to Chief Executive Michael Eisner&#39;s decision to fire ex-President Michael Ovitz and give him a $140 million severance package.
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Walt Disney Co. chief executive Michael D. Eisner had been on the witness stand for about half an hour on Monday when the subject of former Disney president Michael S. Ovitz finally came up.