February 12, 2006
Regarding "Pixar's Creative Chief to Have Special Power at Disney: Greenlighting Movies," Jan. 27: Why didn't Walt Disney Co. Chief Executive Bob Iger just steal John Lasseter away from Pixar Animation Studios and set him up in his own shop? I guarantee it would have cost the shareholders far less than $7 billion. Jon Crowley Sherman Oaks
March 28, 2012 |
In a year when Bank of America's stock plunged 58% and the company announced plans to lay off 30,000 employees, chief executive Brian Moynihan's compensation package more than quadrupled to nearly $8.1 million. Here's why: In 2011, the Charlotte, N.C.-based bank recorded $1.4 billion in profit after losing $2.2 billion the year before. So far this year, the stock is up more than 70%. So although the bank's compensation and benefits committee kept Moynihan's salary the same at $950,000, he also landed $6.1 million in performance-reliant stock.
April 4, 2003 |
Michael O. Johnson, president of Walt Disney International and a 17-year company veteran, Thursday joined dietary supplement giant Herbalife International as its chief executive. "It's a chance to be CEO of a Los Angeles company that I think has a great future," said Johnson, 48. Herbalife executives cited Johnson's experience expanding global businesses. Johnson is the latest in a series of high-profile executives who have left Walt Disney Co. in recent years to pursue careers elsewhere.
September 14, 2004 |
Former Walt Disney Co. directors Roy E. Disney and Stanley P. Gold said Monday that they would nominate a new slate of directors unless the board moved to replace Chief Executive Michael Eisner before the annual shareholder meeting in March. In an open letter to directors, the two dissidents called for the immediate hiring of an executive recruiting firm to conduct a worldwide search for a new CEO.