![]() They also zeroed in on Eisner’s leadership–or lack thereof–which had resulted in creative brain drain with the loss of talented employees, as well as his refusal to establish a clear succession plan. Disney and Stanley Gold criticized the company’s core values and strategy, arguing that Disney had become too focused on short-term financial goals at the expense of long-term growth and legacy.Īmong other thing, the SaveDisney campaign pointed to Eisner’s failure to manage ABC programming and achieve key metrics at the company’s television networks. The Save Disney campaign focused on several key issues, including the company’s management, strategy, and financial performance. After that, Roy felt that the company had lost its focus, creative energy, and heritage. Roy had previously backed Eisner as CEO, but pointed to the untimely death of Frank Wells as a pivotal moment for Eisner, and the beginning of his unraveling as a leader. Disney, with the latter believing Eisner was no longer the best person to run the Walt Disney Company. In particular, Michael Eisner lost the confidence of Roy E. These two felt that the company was not living up to its potential and that leadership changes needed to be made in order to improve performance and left to fight for change from the outside. It was orchestrated by Roy and Stanley Gold, who were former members of Disney’s Board of Directors. Disney, the nephew of Walt Disney–who literally had a face that resembled his uncle. The face of the Save Disney initiative was Roy E. Shareholders, stakeholders, and fans of Disney launched a campaign of concerns about the company’s performance and management, launching n and undertaking a media blitz in the process. For those who weren’t fans back then or have not heeded our many recommendations to read DisneyWar, SaveDisney was a proxy battle that began in 2003. This post delves into the details and offers our commentary about what’s in store as Iger squares off against Peltz. His group has launched a “Restore the Magic” campaign, which sounds an awful lot like a live-action Save Disney remake. Disney and newly-returned CEO Bob Iger are facing a proxy fight from activist investor Nelson Peltz’s Trian Fund pushes for a seat on the company’s board. ![]()
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