BREAKING NEWS Eisner Is Out!!!

cherrynegra

Well-Known Member
The Board is going to have to deal with its fidicuary responsibility and deal with the fact that if 43% of shareholder withhold their vote, and I remind you this is HISTORIC in business history, this will leave them open to possibly being sued if the keep Eisner around.
 

TURKEY

New Member
Originally posted by daksimba
Did the board not notice that 43% of the stockholders aren't confident in the senior management and its strategic direction?

I think part of that vote didn't necessarily want Eisner gone, but wanted the seperation that has already been announced tonight.
 

roysta123

New Member
Maybe the board will realize that we weren't thinking of splitting up the CEO-Chairman jobs and that we want Eisner gone for good if some other pension funds besides Calpers start coming foreward demanding Eisner's resignation. Roy and Stan should get moving and convince other large shareholders that Eisner needs to go.
 

daksimba

New Member
Originally posted by turkey leg boy
I think part of that vote didn't necessarily want Eisner gone, but wanted the seperation that has already been announced tonight.

Then you still have to look at the choice of Mitchell, with over 20% vote against. Which is considered a huge size in most companies.
 

civileng68

Account Suspended
hmm

If I were Eisner's wife, I think i'd be looking and seeing if there's any pretty women on the board because it sure sounds like something's fishy here. Maybe someone got tired at work and some board member supplied the bed.
 

CTXRover

Well-Known Member
Everyone must realize that those who voted No today for Eisner were NOT necessarily voting NO because they wanted him out on the streets. That is the stance of many who did vote, including Roy and Stanely, but not the sole reason for today's unprecedented no confidence for Eisner. In fact, there are quite a few investor firms that voted no for this very thing....that the roles that Eisner held be split. Giving the chairman position to Mitchell though does seem rather spineless, as he really is, as someone said, Eisner's puppet. But, one thing at a time. As I said in another thread, because Disney had absolutely no succession plan in place, we cannot expect Eisner to leave relatively soon. Probably within a year they can get a succession plan together and Eisner can leave more on what will look as being on his own accord. Just be patient everyone....the wheels of change are turning.
 

TURKEY

New Member
Re: hmm

Originally posted by civileng68
If I were Eisner's wife, I think i'd be looking and seeing if there's any pretty women on the board because it sure sounds like something's fishy here. Maybe someone got tired at work and some board member supplied the bed.

I really hope that's a joke.
 

mkt

When a paradise is lost go straight to Disney™
Premium Member
tomorrow.. I am buying every single newspaper I can get my hand on. Orlando Sentinel, USA Today, NY Times... whatever!

If anyone wants an Orlando Sentinel 50 cents plus shipping.... PM me your info and I'll give you my paypal info.

This is gonna more than likely make front page in every major US newspaper.
 

mkt

When a paradise is lost go straight to Disney™
Premium Member
oh yeah.. tomorrows plan of action for me is run to Borders, Barnes & Noble, and the Virgin Megastore.. pick up every different newspaper I see with it on the front page. I should be able to find the Orlando Sentinel, NY Times, NY Post, USA Today, Washington Post, Miami Herald, and severak others with little difficulty.
 

Disney2002

New Member
Sorry to say, but this will most likely be the end of this whole situation. The board has made their position extremely clear. Moreover, a lawsuit by shareholder in a company this size would be a disaster. Fees would be tremendous. Legal force would be totally weighed against the shareholders.

Time to cut losses guys.
 

TURKEY

New Member
Originally posted by Disney2002
Sorry to say, but this will most likely be the end of this whole situation. The board has made their position extremely clear. Moreover, a lawsuit by shareholder in a company this size would be a disaster. Fees would be tremendous. Legal force would be totally weighed against the shareholders.

Time to cut losses guys.

I seriously doubt it.

It's probally the only thing that will be announced for a few days.

Give it time to settle in, let those that are happy with the split quiet down, and start their planning of what happens next.
 

Disney2002

New Member
If you want an informative article on the situation, I would suggest getting NYTimes and the Wall Street Journal tomorrow. Also check headlines on Bloomberg.com

USAToday will not let this group know anything more than it already does.
 

cherrynegra

Well-Known Member
Anyone who thinks that the people who want Eisner out are just going to roll over and let him continue to have a say in the company, especially a board that is beholden to him, is smoking something. Even if the two roles are split, he still will be pulling the strings like the puppetmaster that he is. The man is so arrogant that he doesn't even realize when he's been slapped. "Oh look. Yeah, 57% of the shareholders like me. They really, really like me.":brick:
 

imagineer boy

Well-Known Member
Oh my god. Eisner is making a HUGE fool of himself. He is such an idiot. At school, I made a "Why Eisner is Evil" Calender ( I know, the title is a bit exadurated ), maybe I can show you guys a few pictures from it.
 

TURKEY

New Member
Originally posted by marksniles
Least we forget that 57% of us voted to keep the board as it is.

Do you support having the roles split or have had Eisner remain as Chairman/CEO?

I wonder what the vote would have been like if there had been a proposal to split the roles.
 

General Grizz

New Member
Originally posted by tigsmom
I give Eisner till the end of the year. The board can make a search & find the right person for CEO and ease him in while easing Eisner out. Someone of his stature in the business does not disappear overnight. This is far from over.

I would not approve of a board that would continue to reject Roy Disney and Stan Gold's positions on different levels. This is the only way from here on out they'll be able to get full consumer confidence.
 

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