CALIFORNIA | LOCAL
August 15, 2006 |
Roy E. Disney is best known for making movies -- and a little shareholder revolt that shook up his Uncle Walt's company. But for much of his life the role he's loved the most has been performed on the water. He has set records around the world and won the West's most prestigious ocean race. Last summer, after finishing the Los Angeles-to-Honolulu Transpacific Yacht Race, he announced his retirement from competition. To quote his wife, Patty: Yeah, right.
October 21, 2005 |
Shamrock Capital Advisors, a Burbank-based investment arm of the Roy E. Disney family, announced Thursday that it had raised $104 million for a new fund to invest in depressed areas of Southern California. Genesis Real Estate Fund II, like the initial Genesis Fund launched in 2000, will seek to stimulate economic development in low- and moderate-income communities in Los Angeles County, Shamrock said. The new fund will include Kern County and all counties to the south.
September 28, 2005 |
An investment fund led by Roy E. Disney has purchased an 80% stake in the Harlem Globetrotters, the parties said Tuesday. Shamrock Holdings' Capital Growth Fund, based in Burbank, said it hoped to develop merchandising and other new revenue sources for the Globetrotters, who have blended basketball and entertainment for nearly 80 years.
CALIFORNIA | LOCAL
August 12, 2005 |
Orange Coast College's sailing school has set a course for the lifestyles of the rich and famous. The nationally renowned School of Sailing and Seamanship, which already boasts its own island off Vancouver, British Columbia, has landed Roy E. Disney's cutting-edge $7-million sailboat, Pyewacket. The 86-foot championship boat comes with a grant underwritten by the former Walt Disney Co. board member to help pay for a full-time racing sailor and cover other operational costs.
July 15, 2005 |
Former dissident shareholder Roy E. Disney, who led a revolt against Walt Disney Co. management last year, said he would shut down his website, Savedisney.com, days after striking a truce with the company. Roy Disney and partner Stanley P. Gold used the site to criticize the entertainment giant's leadership after they left the board in late 2003. But the two men and management agreed to work together to better the company last week. The site will be dismantled Aug. 7, Roy Disney said.
July 9, 2005 |
Walt Disney Co.'s incoming chief executive and its leading rebel shareholder declared a truce Friday, the most dramatic sign yet that the new boss is committed to sweeping aside the ill will that festered under outgoing CEO Michael Eisner The agreement between Robert A. Iger, the new chief, and Roy E. Disney brings to a close one of the nastiest executive-suite dogfights in recent corporate history, one that led last year to Eisner being stripped of his chairmanship.
June 15, 2005 |
A lawsuit filed by former Walt Disney Co. director Roy E. Disney that seeks to void the company's last board election will go to trial Aug. 10, airing claims that investors were misled about the search for a successor to Chief Executive Michael Eisner. Delaware Chief Chancery Court Judge William Chandler III will preside without a jury. Roy Disney and another former director, Stanley P.
March 22, 2005
In a March 17 commentary, "The Mice on Disney's Board," Stanley Gold and Roy Disney cast at the Walt Disney Co.'s board generalized insinuations and personal attacks that are petty, mean-spirited and wrong. Because they quarrel with the result, Gold and Disney denigrate the process and the integrity of those involved. But in fact, the board engaged in a rigorous succession process and did everything it promised. It hired an outside search firm, took the firm's advice as to how the process should be conducted, carefully considered internal and external candidates and held 11 full board meetings to discuss the decision.
February 10, 2005 |
The California Public Employees' Retirement System, the largest public pension fund with $180 billion in assets, said Wednesday that it opposed reelecting Walt Disney Co. Chief Executive Michael Eisner to the company's board. CalPERS Senior Investment Officer Christianna Wood said the fund won't vote its 9.44 million Disney shares in favor of Eisner. It will support the reelection of Disney's other directors, including Chairman George J. Mitchell and President Robert Iger.