SaveDisney.com Post-Shareholder Meeting Press Conference
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On March 3rd at the Loews Hotel in Philadephia Roy Disney, Stanley Gold and their SaveDisney.com campaign held a press conference following The Walt Disney Company's annual meeting of shareholders. At the meeting Gold and Mr. Disney has the opportunity to present their case to shareholders in a 15-minute presentation. The shareholders responded with a 42% withhold vote for CEO Michael Eisner. Gold and Mr. Disney fielded questions from the media ranging from their feelings to Comcast to What's Next?
Below are videos of the introduction by Stanley Gold and the answers to the questions. Because the reporters didn't have microphones, the questions are summarized.
- Introduction
Low Bandwidth • High Bandwidth - Q: What do you do if the Board chooses to split the roles of
CEO and Chairman?
Low Bandwidth • High Bandwidth - Q: Are the board members currently in a meeting? And, if so,
what do you believe they are discussing?
Low Bandwidth • High Bandwidth - Q: Is litigation a possibility?
Low Bandwidth • High Bandwidth - Q: Do you plan to sit down with independant board members
and present your case?
Low Bandwidth • High Bandwidth - Q: Comcast's response was to say the board should step up
and negotiate with them. Your thoughts?
Low Bandwidth • High Bandwidth - Q: Assuming the SEC passes a current proposal, do you plan
to present a new slate to the shareholders next year?
Low Bandwidth • High Bandwidth
- Q: Does this vote torpedo the idea of splitting the CEO and
Chairman positions?
Low Bandwidth • High Bandwidth - Q: Given the board's history, do you think they might just
do nothing.
Low Bandwidth • High Bandwidth - Q: Does Mr. Disney want to return to work for Disney in some
form?
Low Bandwidth • High Bandwidth - Q: How instrumental was the Internet in making all this
happen?
Low Bandwidth • High Bandwidth - Q: What was the cost of this campaign?
Low Bandwidth • High Bandwidth - Q: Mr. Disney tried to keep this from being personal, but
what are his personal feelings right now?
Low Bandwidth • High Bandwidth - Q: Did you have any contact with any members of the board at
the meeting?
Low Bandwidth • High Bandwidth - Q: What did you say to the small and individual sharehoders
you spoke to at the meeting?
Low Bandwidth • High Bandwidth - Q: What not ask the shareholders to get rid of Bob Iger as
well?
Low Bandwidth • High Bandwidth - Q: What did you say when you heard the vote results?
Low Bandwidth • High Bandwidth - Q: What would Walt have thought of today?
Low Bandwidth • High Bandwidth - Q: Do you have a message for the small shareholders who love
Disney for what it is, not for financial reasons?
Low Bandwidth • High Bandwidth
Related Links
-- Posted March 3, 2004
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