Eisner under microscope, new Disney board member appointed

Posted Wednesday, December 3, 2003 10:38 AM | Contributed by Jeff

Following the departure of Roy Disney and Stanley Gold from Disney's board, analysts say that chairman and CEO Michael Eisner will be watched carefully as he guides the company to better times. Meanwhile, the Disney board elected John Chen, chief executive officer of Sybase, as a director, and declared an annual cash dividend of 21 cents per share, payable on Jan. 6 to shareholders as of Dec. 12, at the company's meeting in New York.

Read more from AP via The Seattle Times.

Thursday, December 4, 2003 12:37 PM
I'm bit comfused... so does Roy Disney have any positions at all at Disney??
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Thursday, December 4, 2003 1:55 PM
Jeff's avatar Aside from being a significant shareholder (presumably), he has no offical position with the company.
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