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December 8, 2003

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Disney and Local Attraction News

Disney Chairman Eisner Accepts Award

LOS ANGELES -- Walt Disney Co. chairman and chief executive Michael Eisner was lauded for his executive and creative abilities, just days after two Disney board members called on him to resign.

Eisner received the Pioneer of the Year award presented by the Will Rogers Motion Picture Pioneers Foundation on Thursday night.

"I think he is one of the authentic giants of our industry, based on his track record," said Jack Valenti, president of the Motion Picture Association of America.

The award came after board vice chairman Roy Disney resigned on Sunday after learning he would not be renominated for another term because he was over the board's retirement age. He blasted Eisner in a scathing letter, saying the Disney chief had lost his way and presided over seven years of decline.

On Monday, longtime Roy Disney ally Stanley Gold also resigned and echoed calls for Eisner to step down.

Eisner has served as chairman and chief executive officer at Disney since 1984.

The evening was expected to raise $1 million for the Motion Picture Pioneers Assistance Fund, which provides financial assistance to film industry veterans in need of help.

Newsday.com

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