Ex-Disney Director Says He Deferred to Eisner on Ovitz Firing
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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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Michael Ovitz wanted a $50 million signing bonus to become president of the Walt Disney Co., but the directors who eventually hired him were not willing
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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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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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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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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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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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GEORGETOWN, Delaware, Nov 14  - Walt Disney chief executive Michael Eisner may begin testifying as early as Tuesday in defense of his 1995 decision to hire his once best friend as president of the entertainment giant, and then to fire him 15 months
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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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Walt Disney Co. Chief Executive Michael Eisner on Tuesday said Michael Ovitz&#39;s troubles were rooted in a sense of elitism, pointing to a corporate retreat at which
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The long-running saga of succession at the Walt Disney Company has been only marginally advanced by the announcement that embattled CEO Michael Eisner, who has run the company for 20 years, will resign in September 2006.
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Walt Disney Co.&#39;s directors nominated Michael Ovitz to serve on its board for another three years at a meeting just weeks before forcing him out of his job as
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Walt Disney Co. Chief Executive Michael Eisner testified Thursday that he told Disney&#39;s directors he was hoping to &quot;trade&quot; president Michael Ovitz to Sony Corp.
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Michael Ovitz wanted a &#36;50 million signing bonus to become president of the Walt Disney Co., but the directors who eventually hired him were not willing to make that kind of outlay, an executive compensation expert testified Tuesday.
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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...
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GEORGETOWN, United States : Walt Disney chief Michael Eisner portrayed his friend Michael Ovitz -- fired after 15 months as company president with a 140 million dollar severance package -- as an executive unable to adapt to Disney&#39;s corporate culture.
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LOS ANGELES -- Walt Disney Co. chief executive Michael Eisner plans to quit the companyâs board when his contract expires in 2006, but said he wonât leave Disney before then as some prominent shareholders have demanded.