Word: eisner
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After reading about Michael Eisner's $204 million salary and Lawrence Coss's $137 million in compensation, I find the answer to the question "How much is too much?" ridiculously obvious. What a tragedy to hand over increasingly exorbitant amounts of money to these CEOs as "pay for showing up, not pay for performance." Corporate America needs to rethink its priorities. YASMEEN AHMED San Francisco...
...does he do? He has his sons kill the young man on the couple's wedding night and then reflects to himself that Rose Marie shouldn't have been spared. Perhaps this is too sunny-eyed a view of the world, but this critic firmly believes that if Michael Eisner wanted to separate a daughter from an unsuitable mate, he'd simply get the guy a job at Euro Disney...
Most visible in the land of megagrants is Walt Disney chief Michael Eisner, who was just given options on an astounding 8 million shares, a value compensation experts fix at $196 million. Like most options packages, Eisner's cannot be cashed out all at once. They must be used over a period of years, and their true value will be determined by how well the stock does in that period. So, in a sense, it's misleading to put a value on them now. (Corporations are required to provide the value of the options either at the date they...
Among other problems, a source says, there was also a feeling at Disney--perhaps because of an overzealous reading of management's mood--that the Ellen decision might best be delayed until after last February's Disney stockholders' meeting so that chairman Michael Eisner would be spared having to defend that as well as his salary and Mike Ovitz's lavish payout. "When Disney or ABC were worried about boycotts or this or that, I kept saying to everybody, 'I'm the one who's going to get the biggest boycott,'" says DeGeneres. "'You can cancel the show...
...stairs, like an alpine slag heap. We each carried giant flashlights and wore hard hats. Birds were flying through, dropping their stuff as we passed. It was a mess, but of course a very romantic mess. Michael was quick to see not only the romance but the potential." What Eisner also came to see, after two years of tough negotiations, was a deal that included low-interest loans from the city and state to cover 75% of the restoration--a good deal for both sides, since Disney's involvement proved to be 42nd Street's turning point, encouraging other corporations...