Sunday, March 13, 2005

Michael Eisners successor named, Disney President Iger to be Promoted to CEO.

It was announced today that the search for the replacement CEO of The Walt Disney Co. has ended when Robert Iger, current president of the company,was named to the office. This came after Meg Whitman CEO of EBay Inc. and only other contender, withdrew her application on Friday, electing to stay with Ebay after meeting with the Disney board earlier in the week.

Since Iger was the only candidate backed by Michael Eisner, one has to wonder what changes are in store for the Disney holdings in Orange County: "Disneyland, Disney’s California Adventure, The Disneyland Resort, and The Mighty Ducks of Anaheim."


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