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Entrepreneur
The Resume
(March 7, 1942- )
CEO of Disney (1984-2006)
Disney owns a movie studio, ABC, ESPN and theme parks
Was CEO of Paramount Pictures and the senior vice president for ABC's prime-time schedule
Worked for NBC, CBS and ABC
Author of 'Work in Progress'
Why he might be annoying
He lost a vote of approval and was stripped of his chairmanship of Disney (March 4, 2004).
He is one of the highest compensated CEOs in the U.S.
He got no annual bonus in 1999 but $11.5 million for 2000, when the company did better.
He joined as Disney head in 1984 at a salary of $750,000 plus bonuses.
His first base salary increase came in 2000 when it went to $1,000,000 plus bonuses.
Disney dropped profits 28% from 1998 to 1999.
He is one of the strongest opponents against Napster type piracy.
He argues that creative people should be rewarded yet he commandeered an incredible amount of money that perhaps should have been shared by those creative people.
Former Disney studio head, Jeffrey Katzenberg, sued Disney and settled for about $250 million for contract obligations.
He hired Michael Ovitz, who lasted only one year and cost the company $90 million in severance.
Disney's board members and stockholders demanded Eisner's resignation during his second decade as CEO.
He is described as 'notoriously ambitious' and knows how to intimidate competition.
Why he might not be annoying
In an interesting irony, Walt Disney was reportedly anti-semitic, yet Eisner who heads the company that Disney created is Jewish.
He made nearly $¾ billion in a five year period (1996-2000).
He exercised a record $570 million in stock options (December 1997).
He turned Disney around from a $2 billion company in 1984 to a $61 billion company by 2000.
He graduated Denison University (1964).
He turned ABC from the #3 network to the #1 network.
He took the #6 movie studio Paramount and made it #1.
He ranked #3 (1995), #1 (1996), #1 (1998), #4 (2000), #4 (2001) and #5 (2002) in Premiere Magazines Power List.
He ranked #2 (1996), #4 (1997), #7 (1998) and #10 (1999) in Entertainment Weekly's Power List.
He resigned as CEO of Disney (effective September 2006).
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Year In Review:
For 2009, as of last week, Out of 52 Votes: 71.15% Annoying
In 2008, Out of 83 Votes: 73.49% Annoying
In 2007, Out of 197 Votes: 76.65% Annoying
In 2006, Out of 927 Votes: 57.71% Annoying
In 2005, Out of 1715 Votes: 69.10% Annoying
In 2004, Out of 3208 Votes: 70.42% Annoying
In 2003, Out of 2528 Votes: 70.06% Annoying
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