http://www.msnbc.msn.com/id/8513961/
Quote:
The company said Friday it has named former director Roy E. Disney as a director emeritus and a consultant.
In exchange, Roy Disney and ex-board member Stanley Gold have agreed not to run a challenge slate of directors or submit shareholder resolutions for the next five years. The two also pledged to back the leadership of Robert Iger, who succeeds longtime chief executive Michael Eisner in September.
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Does this seem kinda hollow to anyone else? Once again, this shows none of the dramatic promise that "SaveDisney" hinted at through all of this. The whole time, as one deadline after another passed with no definitive move from Roy, it was always, "Be patient, he's just picking his spot." And this is the end result? Feh, seems pathetic to me.