Paper: Disney CEO to Leave Company in '06
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Walt Disney Co.'s chief executive Michael Eisner will leave the giant entertainment company in 2006 when his contract expires, a newspaper reported Friday.
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Los Angeles - Walt Disney&#39;s board of directors on Tuesday said it will consider both external and internal candidates to replace outgoing chief executive Michael Eisner, and that it plans to find a successor by June 2005.
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Microsoft has tapped a former executive at Walt Disney to fill its CIO position, a move that shows the company continuing to fill top executive positions from outside the company.Tony Scott, who most recently was CIO at Walt Disney, will take over that same role at Microsoft in February, reporting to Chief Operating Officer Kevin Turner. Scott, who also will be a corporate vice president at Microsoft, replaces Stuart Scott, who&#160;departed the company in November. The two are not related.Scott will manage Microsoft&#39;s 4,000-person IT organization, which is responsible for all of the technology systems supporting the company&#39;s worldwide sales, marketing, and services operations, as well as the enterprise systems and applications for all corporate processes.At Disney, where he was senior vice president in addition to CIO, Scott was the first CIO to manage the entire company&#39;s IT systems, according to Microsoft. Prior to Disney, Scott was CTO at General Motors and vice president of operations at Bristol-Meyers Squibb.There are a lot of new faces in the ranks of upper management at Microsoft, with a rash of them signing on to the company in the last six months. Just last week Microsoft revealed that company veteran Jeff Raikes, president of its Business Division, will&#160;leave the company in September. The company tapped an outside executive -- former Juniper Networks, Macromedia, and Adobe executive Stephen Elop -- to fill that role.Other new hires to the company since last July include: Dan Reed, Microsoft Research director of scalable and multicore computing in November; Robert Youngjohns, president of North American sales and marketing and corporate vice president in November; Brian McAndrews, senior vice president, Advertiser and Publisher Solutions Group in August; and Don Mattick, senior vice president, Interactive Entertainment Business in July.There is likely more new blood to come as Microsoft also confirmed last week several other executive departures: Bruce Jaffe, corporate vice president of corporate development; Charles Fitzgerald, Microsoft&#39;s general manager of platform strategy; and&#160;Rob Short, corporate vice president of the Windows Core Technology group.Apart from CEO Steve Ballmer and Robbie Bach, president of Microsoft&#39;s entertainment and devices division, many of the company&#39;s other top executives have joined the company in the past three years. They include the man widely seen as Gates&#39; successor, Chief Architect Ray Ozzie, who joined Microsoft in 2005. Kevin Turner, Microsoft&#39;s chief operating officer, and Steve Berkowitz, senior vice president of Microsoft&#39;s Online Services Group, also joined the company that year.
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Walt Disney Chief Executive Michael  Eisner on Friday said he will step down from the media  conglomerate in 2006, aiming to end his two-decade reign on his  own terms after a shareholder revolt nearly cut it short  earlier this year.
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That&#39;s the case with Disney (DIS:NYSE - news - research) CEO Michael Eisner, who reportedly plans to retire in Sept. 2006. The longtime and often embattled boss of the media company plans to step down when
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Walt Disney Co. (DIS.N: Quote, Profile, Research) Chief Executive Michael Eisner said company President Robert Iger is his &quot;preferred choice&quot; to succeed him in running the entertainment
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Today, Mr. Eisner disclosed that he would step down as chief executive of the Walt Disney Company on Sept. 30, 2006, at the end of his current contract and after 22 years in the job.
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Walt Disney Co Chief Executive Michael  Eisner will retire in September 2006, when his contract  expires, the company said on Friday.
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GEORGETOWN, Del.  - Walt Disney Co. Chief  Executive Michael Eisner on Tuesday described a year in which  his main job was to control Michael Ovitz, the company's    president who aggravated other staff, became depressed and  finally refused to leave the company.
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The race to succeed Disney chief Michael Eisner took an intriguing turn yesterday when it emerged that a highranking Murdoch employee has signed a new contract making it easy for him to leave ... but only if he goes to Disney.
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Michael Eisner announced plans yesterday to step down as chief executive of Walt Disney in 2006, ending a tenure of more than 20 years in which he has left an indelible mark on one of the best-known brands in the world.
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October 26, 2004 -- Walt Disney Co. said its board chose executive search firm Heidrick &amp; Struggles to help it find a new chief executive officer when Disney CEO Michael Eisner steps down.
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Michael Eisner, the embattled chief executive of Walt Disney, is to quit the media giant when his contract expires in two years. The decision heralds the end of his 20
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Sun-Times Media Group Inc.  on Wednesday  said Chief Executive Gordon Paris will step down by the end of  the year as the company relocates the last of its New  York-based corporate functions to Chicago.
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Walt Disney Co. chief executive Michael Eisner plans to quit the company's board when his contract expires in 2006, but said he won't leave Disney before then as some prominent shareholders have demanded.
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The trial over the severance package of Michael S. Ovitz, Disney's former president, signals the end of an era in which executives managed their companies as personal fiefs.
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Michael Eisner, the veteran chief executive of Disney who has been the subject of a mounting campaign of vilification by rebel shareholders, will leave the company when his contract ends in September 2006.