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Centimillionaire Income CEOs
Page entitled :
Michael Eisner - paradox of the best paid and worst rated CEO
Content of this page is about :
How Disney's fortunes turned while CEO Michael Eisner received a record
payday, yielding no inch to the shareholders until his eventual demise.
Extract :
... by the time Michael Eisner cashed in his record $589 million 1998
compensation, including $570 million through the exercise of stock options,
the Walt Disney Company’s era of exceptional growth was over. The share
price peaked in April 1998 just before a split and fell over 40% thereafter,
as critical Wall Street analysts felt that the ABC takeover had effectively
hampered Disney’s growth ...
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