Roy Disney to Hold Investor Meeting
Renegade Walt Disney Co. shareholder Roy Disney said he would hold a separate investor meeting the day before the company’s March 3 annual meeting to rally support against management.
Disney, nephew of founder Walt Disney, and ally Stanley Gold, who both resigned as directors late last year, said they wanted to press their case for investors to vote against reelecting Chairman Michael Eisner and three other directors and press for Eisner’s resignation as chief executive.
Wall Street has viewed their quest as a long shot because the company’s financial performance and stock price are improving.
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