Wednesday, Oct. 08, 2008

Michael Eisner

Under Michael Eisner's guidance, Disney added 7 theme parks, a cruise ship line, a successful stage play division and 10 domestic cable channels, and increased its revenue from $1.5 billion (1984) to $30.75 billion (2004). The company's stock price increased 1,646 percent. But a shareholder revolt and a bitter rivalry between Eisner and Roy E. Disney, the nephew of Walt, led to his quasi-voluntary resignation — taking home some $1 billion in bonuses, salary and stock options acquired over his 21 years at the company.