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Article: A new mouseketeer; Disney.(Disney has named an insider, Bob Iger, as Michael Eisner's successor)
- Article from:
- The Economist (US)
- Article date:
- March 19, 2005
CopyrightCOPYRIGHT 2005 Economist Newspaper Ltd. 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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Iger's kingdom
Disney has named an insider, Bob Iger, as Michael Eisner's successor
AFTER three weeks of talking to outside candidates, the Walt Disney Company announced at the weekend that its president, Bob Iger, will become chief executive on September 30th. Its current boss, Michael Eisner, will then leave--a year earlier than his contract requires. He will also step down from the board next spring, and he has agreed not to seek the firm's chairmanship.
On the surface, this looks like another defeat for Mr Eisner, whose leadership has been heavily criticised. But he departs with his pride more intact than seemed possible in the aftermath of ...
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