Report: Disney CEO to Leave Board in 2006
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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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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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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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Walt Disney Co's  board of directors said on Tuesday it planned to find a replacement for Chief Executive Michael Eisner by next June and then search for a new chairman, setting out a timetable for a change of leadership at the company after more than a year of shareholder protests.
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Embattled Disney chief Michael Eisner is finally saying goodbye to Mickey Mouse and the Magic Kingdom. The media mogul, who over two decades revitalized a sleepy Disney but saw it falter
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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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Michael Eisner indicated that he wants to stay on as chairman of the Walt Disney Company after he steps down as chief executive in September 2006.
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EBay CEO Meg Whitman is planning to step down from the company she has led for the past 10 years, The Wall Street Journal said today.
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Walt Disney Co. Chief Executive Michael Eisner said he expects to leave the board when he steps down as CEO in 2006, ending speculation that he would switch roles and become chairman of the company.
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ichael D. Eisner, the embattled chief executive officer of the Walt Disney Co., told the board of directors Thursday that he plans to step down in two years.
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Eisner, one of Disney&#39;s largest individual shareholders, with 14 million shares, said Friday that he&#39;s leaving the door open to serving on Disney&#39;s board through fiscal 2007, possibly beyond.
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Walt Disney Co.&#39;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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Lawyers for investors suing Walt Disney Co. questioned whether chief executive Michael Eisner held a formal meeting to tell board members there were no grounds to deny then-president Michael Ovitz $140 million in severance. Shareholders of Disney, the number two US media company, contend directors did not know Ovitz might be entitled to the $140 million if ...
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LOS ANGELESâWalt Disney chief executive Michael Eisner said yesterday 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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NEW YORK - Walt Disney Co.'s chief executive Michael Eisner will leave the giant entertainment company in 2006 when his contract expires, a newspaper reported Friday. Eisner's departure, expected to be announced Friday, would end a two-decade relationship with the media giant, according to a report in The Wall Street Journal...
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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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LOS ANGELES - Walt Disney Co. chief executive Michael Eisner, who successfully fought off a shareholder attempt to oust him, unexpectedly offered his resignation from the entertainment company he's led for two decades - but he will go in his own time...