Read the Full Story from ReutersWalt Disney Co. top executives focused on the company's outlook in a presentation on Thursday, as analysts and investors awaited a chance to grill Chief Executive Michael Eisner later in the day over Comcast Corp.'s hostile takeover bid.
Chief Financial Officer Tom Staggs pointedly avoided mentioning the bid, as he called Wednesday a "pretty uneventful day," eliciting chuckles from the audience.
"We realize our overriding goal is to manage the Walt Disney Co. in the best interests of our shareholders," Staggs said.
Eisner, 61, who has been CEO of Disney for almost 20 years, is accused of mismanaging the company's fortunes by Roy Disney, the nephew of company founder Walt Disney and who has spearheaded a move to oust Eisner from the board.
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02-12-2004 10:49 PM #1
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Reuters: Disney's Eisner on the Defensive at Analyst Meeting
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