Word: nonexec
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...several chief execs forced to disrupt its chummy corporate culture. As the newly appointed nonexecutive chairman of the Walt Disney Co., he may aim to keep things calm. A shareholder revolt forced the board to remove CEO Michael Eisner as chairman in 2004 and opt for a nonexec chair. Although Pepper lacks media experience, A.G. Edwards analyst Michael Kupinski says Disney will benefit from Pepper's global-branding background as it expands worldwide. With shares up 30% since October, Disney's shareholders have been as quiet as a you-know-what. --By Julie Norwell...
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