Ovitz Testifies About 'Difficult Days' at Disney
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GEORGETOWN, Del.  - Former Walt Disney Co.  President Michael Ovitz conceded he knew little about running a  public company and called his short tenure fraught with  "difficult days" as he testified in a shareholder lawsuit over  his $140 million severance pay.
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Michael Ovitz was cut out of Walt Disney &quot;like cancer&quot;, the Hollywood talent agent told a US court in another day of bruising testimony for the entertainment giant.
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Michael Ovitz staunchly defended his efforts as president of the Walt Disney Co. on Thursday in between biting exchanges with the attorney representing shareholders in a &#36;140 million lawsuit.
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A former Walt Disney Co. director testified Monday that Disney chief executive Michael Eisner told her in a December 1996 telephone conversation that then-Disney President Michael Ovitz was being fired and was eligible for a large severance package.
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The outside adviser who helped draft the 1995 employment agreement for the president of Walt Disney, Michael S. Ovitz, testified on Tuesday that he had reservations
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Michael Ovitz, Walt Disney Co.&#39;s former president, Monday said that protecting himself financially against an early termination from the entertainment giant was an important point during his contract negotiations.
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Walt Disney chief executive Michael Eisner told a court yesterday that the troubles of his former colleague Michael Ovitz were rooted in a sense of elitism, pointing
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Michael Ovitz, Walt Disney Co.&#39;s former president, said Friday he was mistaken in his previous testimony that his annual bonus was tied to Disney chief executive Michael Eisner&#39;s bonus.
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GEORGETOWN, Del., Nov. 17 -- Lawyers for plaintiffs in a shareholder suit over Michael S. Ovitz's $140 million severance package from the Walt Disney Co. suggested on Wednesday that Disney chief executive Michael D. Eisner may have viewed his former protege as threatening.
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GEORGETOWN, Delaware Michael Ovitz, the former president of Walt Disney, has vigorously defended his 14-month tenure, saying his efforts to expand and improve the company were undercut at nearly every turn by recalcitrant senior executives and the man who
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Walt Disney Co. Chief Executive Michael Eisner testified Tuesday that he discussed individually with directors bringing on Michael Ovitz as the entertainment giant&#39;s president and reviewed the details of his
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NEW YORK - A lot of people say Michael Ovitz was overpaid at Walt Disney Company. These critics dwell on the superficial, noting, for instance, that he worked at the company just 14 months and was paid $140 million when he quit.
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GEORGETOWN, Del.  - Walt Disney Co.'s chief  executive Michael Eisner on Wednesday was confronted with notes  in which he called Michael Ovitz "dangerous" and "a caged  animal" as he desperately tried to fire his one-time friend  from the entertainment giant.
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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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GEORGETOWN, Del.  - Walt Disney Co.'s board of  directors went on trial on Wednesday, on shareholder  accusations that it merely rubberstamped a decision to hire  Michael Ovitz and allowed him to walk away months later with a  $140 million severance package.
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Former Walt Disney Co. President Michael Ovitz&#39;s $140 million severance was &#39;&#39;unreasonable&#39;&#39; because it exceeded what executives at other companies received, a compensation expert testified Monday in a trial
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GEORGETOWN, Del. - Walt Disney Co. (DIS) Chief Executive Michael Eisner on Monday played down his friendship with former Disney President Michael Ovitz, whose brief and tumultuous tenure as president of