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Don't count on Michael Eisner riding off into the sunset. With Disney president Bob Iger increasingly looking like he'll be named Eisner's successor, Hollywood is buzzing about the embattled media chief's next act.
Some believe the longtime Disney boss, who faced a bruising shareholder no-confidence vote last year, will try to secure a new role at the media empire. A title making the rounds is "chief creative officer," though Disney insiders are discounting that possibility.
"The last thing a new CEO needs is the old CEO sticking around," said Pat McGurn, senior vice president of Institutional Shareholder Services.
"A lot the turnaround is cyclical," said Peter Goldman, portfolio manager of Disney sharehiolder Chicago Asset Management. Goldman lauds Iger for ABC's resurgence.
Don't count on Michael Eisner riding off into the sunset. With Disney president Bob Iger increasingly looking like he'll be named Eisner's successor, Hollywood is buzzing about the embattled media chief's next act.
Some believe the longtime Disney boss, who faced a bruising shareholder no-confidence vote last year, will try to secure a new role at the media empire. A title making the rounds is "chief creative officer," though Disney insiders are discounting that possibility.
"The last thing a new CEO needs is the old CEO sticking around," said Pat McGurn, senior vice president of Institutional Shareholder Services.
"A lot the turnaround is cyclical," said Peter Goldman, portfolio manager of Disney sharehiolder Chicago Asset Management. Goldman lauds Iger for ABC's resurgence.
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