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New York Pension Fund Joins Expanding List of Disney CEO Foes.
- Article from:
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Knight Ridder/Tribune Business News
- Article date:
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February 27, 2004
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Copyright informationCOPYRIGHT 2004 Knight-Ridder/Tribune Business News. 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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By Greg Hernandez, Daily News, Los Angeles Knight Ridder/Tribune Business News
Feb. 27--BURBANK, Calif. -- Michael D. Eisner suffered another series of setbacks Thursday when New York and a growing list of other state pension funds announced they would vote against re-electing Eisner to Disney's board of directors at the company's annual shareholders meeting next week.
The announcement comes a day after the California Public Employees' Retirement System said it would not support Eisner. CalPERS, the largest public pension fund in the United States, cited a "dismal" performance by Disney over the past five years in making its decision.
"I call on Disney ...
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