Disney Company CEO Michael Eisner has confirmed to the Wall Street Journal that he will step down from his position at the company when his contract expires in September 2006, reports the Reuters News Agency. “In an interview with the newspaper, Eisner said Disney’s recent crises played no role in his decision to step down. In an interview published on Sunday in the Los Angeles Times, Eisner said Disney President Robert Iger was his ‘preferred choice’ to succeed him”.

GREY→WORD