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Article: Letter from Roy E. Disney & Stanley P. Gold to Disney Shareholders; We Need Your Support! Don't Underestimate the Power of Your Vote!
- Article from:
- PR Newswire
- Article date:
- February 17, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BURBANK, Calif., Feb. 17 /PRNewswire/ -- The following is being issued by Roy E. Disney and Stanley P. Gold:
February 12, 2004
Dear Fellow Walt Disney Company Shareholder:
Recent events have confirmed our view that now, more than ever, changes are needed at Disney. We believe Mr. Eisner and senior management have failed to develop and implement a vision and strategies that maximize the inherent value in Disney's assets. In our view, the Board has failed to provide effective oversight and leadership to restore long-term shareholder value and to hold senior management accountable for its many ...