From IMDB:
In the latest effort to advance the independence of the Walt Disney Co.'s board of directors, four members, each with close ties to Disney chairman Michael Eisner, will reportedly not seek reelection at the board's annual meeting in March, the company said Monday. "People viewed it as Michael Eisner's board," Patrick McGurn of Institutional Shareholder Services told Bloomberg News. "Now it's a stand-alone entity. You can now view this as a meaningful counterbalance to a powerful CEO such as Michael Eisner." One of the departing directors is the principal of an elementary school that Eisner's three children attended. Another is the architect who designed Eisner's Aspen, CO home.
In the latest effort to advance the independence of the Walt Disney Co.'s board of directors, four members, each with close ties to Disney chairman Michael Eisner, will reportedly not seek reelection at the board's annual meeting in March, the company said Monday. "People viewed it as Michael Eisner's board," Patrick McGurn of Institutional Shareholder Services told Bloomberg News. "Now it's a stand-alone entity. You can now view this as a meaningful counterbalance to a powerful CEO such as Michael Eisner." One of the departing directors is the principal of an elementary school that Eisner's three children attended. Another is the architect who designed Eisner's Aspen, CO home.
Wow! 