Roy Disney and The Walt Disney Co. Reconcile Differences

In case you haven’t heard: The Walt Disney Company, Roy E. Disney and Stanley P. Gold recently announced that they have agreed to put aside the differences that have characterized their relationship over the past several years. Messrs. Disney and Gold have agreed not to run a rival slate of directors or submit shareholder resolutions for the next five years. Messrs. Disney and Gold have also agreed to dismiss all their pending lawsuits against the Company. In reestablishing ties with him and his family, the Company has named Roy E. Disney Director Emeritus and a consultant. The Company also reaffirmed its commitment to the rotation of committee members and chairpersons on its Board committees as currently required by the Company’s Corporate Governance Guidelines. In putting aside their differences, the Company noted Mr. Disney’s long time devotion to the Company and welcomed the reestablishment of a relationship with him and his family. Messrs. Disney and Gold expressed confidence in Mr. Iger’s leadership, and as Mr. Eisner retires after 21 years with the Company, they acknowledged his contribution to the Company over the years.

SongoftheSouth.net has been a proud supporter of Mr. Disney and Mr. Gold’s efforts. I wish them my best in reestablishing ties with the Walt Disney Company and hope that their valuable insight will be fully appreciated by the new leadership. As SaveDisney.com will now be shutting down, editor Merlin Jones has requested that his past articles written on Song of the South be preserved, which I am honored to do! So, you can now read Merlin Jones’ articles within the News Archives section. If you haven’t read them already, I highly recommend it!

Mr. Disney, thank you for standing up for a better Disney… and Song of the South.