Or not, perhaps. On the one hand George Mitchell says his role as chairman is not the usual strategic leadership but instead will be focusing on winning back dissafected shareholders. On the other, still-standing CEO Michael Eisner says he “would address shareholder concerns by focusing ‘100 per cent of my time’ on rebuilding earnings at the company.” Eisner further said Eisner said: “It allows me and the rest of the management more time to run the operations of the company and give up a lot of the responsibility I had as chairman.”
If you ask me, these two statements of their respective responsibilities are in pretty direct conflict with each other and I believe the Disney PR staffers better get the leadership talking from the same script ASAP. The two will have a tough enough time getting shareholder confidence back as it is without this kind of muck-up.