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Roy Disney Makes Peace With Magic Kingdom Date: 7/8/2005 |
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Walt Disney Co. has named Roy E. Disney a director emeritus and consultant to the company, The New York Times reports. Disney and his associate Stanley Gold have in return agreed to back the leadership of Robert Iger, who is slated to succeed Michael Eisner as Disney CEO in September. The pair have also promised not to run a challenge slate of directors or to submit any shareholder resolutions for the next five years. |
| Source: Toon Zone |
