Disney Press Release Naming Iger as New CEO

**captsmith84** · 03-13-2005, 11:53 AM

http://abcnews.go.com/Business/wireStory?id=576911

LOS ANGELES Mar 13, 2005 — The Walt Disney Co. said Sunday its president, Robert Iger, will succeed Michael Eisner as chief executive after another top contender for the job dropped out of the running. The company said Iger was unanimously elected by the board and will take charge Sept. 30.

Eisner will step down on that day, a year earlier than he had previously announced, the company said.

"Bob is an experienced, talented and visionary leader who has made crucial and substantial contributions toward Disney's strong performance," Disney board chairman George Nitchell said in a statement. "On behalf of the entire Board, I want to express how excited we are at the prospect of Bob leading this extraordinary company and talented management team to new levels of financial and creative success in the years ahead."

EBay Inc. Chief Executive Meg Whitman, who was competing with Iger for the CEO slot, withdrew her application on Friday after interviewing with the Disney board earlier in the week, Henry Gomez, spokesman, told The Associated Press on Sunday.

"She decided to stay at eBay," Gomez said. "After considering it during the week, she decided she wanted to stay at eBay."

**Pacha** · 03-13-2005, 01:25 PM

It figures. Quite

at the moment. Let's hope that what's been said about Iger isn't entirely true and that he does a decent job.

Heh! It'll be interesting to see on Monday what Roy and Stan have to say about this. I'll be visiting savedisney.com tomorrow early!

**Cousin Orville** · 03-13-2005, 01:27 PM

Well..when I read the news it triggered a snapshot of Snow White kissing Dopey on the top of the head.

**DrIndianaJones** · 03-13-2005, 02:32 PM

I'm too sure about this one. Iger has been Michael's golden boy.
I'm holding my opinion until I see what he does.

**FigmentJedi** · 03-13-2005, 03:27 PM

To quote Gir: YAY! We're doomed!
Seriously, this is just saddening. This looks like a time to attach that Stromboli photoshop from Save Disney.

**BigDaddyKyle** · 03-13-2005, 03:31 PM

There are now TWO threads about this! I hate it! Get it away from me!

PPPPPPPLLLLLLLLLLLEEEEEEEEAAAAAAAAAASSSSSSSSEEEEEE EEEEEEE!!!!!!!!!!!!!!!!!!

**Reaver** · 03-13-2005, 03:55 PM

This is the beginning of the end for Disney as we know it. Eisner 2.0 is in power, and we have a Board full of incompitent, cowardly pansies making the decisions. The plug has been pulled, and we'll all start circling the drain shortly...