Eisner resigns from Disney board

Posted Thursday, October 6, 2005 10:32 PM | Contributed by Radius

Michael Eisner, who stepped down last week as chief executive of The Walt Disney Co., has resigned his seat on the company's board of directors, Disney said Thursday. Eisner and the company have severed all ties in a surprise move that means he will not serve as a consultant as he had been entitled to do under his employment agreement.

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