Disney replaced its leadership during a crisis
David Rosenthal describes Disney recruiting Michael Eisner and Frank Wells after Ron Miller’s departure in 1984.
Evidencia a favor
Extracto original
They go out and they identify, recruit, sell, and hire arguably the greatest two-person management team in media company history: Michael Eisner and Frank Wells.Disney: The Renaissance and the Empire
Contexto
Yep. So in the wake of all that, in 1984, Roy E. Disney decides enough is enough. Together with the Bass brothers, the new 25% shareholders, Roy and his business partner Stanley Gold, who's also on the Disney board with him, they gang up and they finally force out Ron Miller as CEO, who again is Roy's cousin by marriage, married to Walt's daughter. And they do this via dramatic boardroom coup that happens on September 7th, 1984. And then over a period of just 14 days, because Disney now, like, is without a leader, is in double crisis here. And then Michael quickly brings in his number two from Paramount, Jeffrey Katzenberg, to run the film studios.
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