The Wall Street Journal is reporting that Walt Disney Co.’s CEO, Michael Eisner, will retire in 2006 at the end of the current term of his contract with the company.
Here is the Journal ($) article on Mr. Eisner decision, which is also an excellent overview of his tenure at Disney. My sense is that Mr. Eisner is similar to a good football coach who builds a solid program from one that was floundering, but who holds on to his job for too long, creating disunity among supporters of the program, some of whom remain loyal to him for his past successes and others who recognize that he does not know when to quit and want to fire him.