Forbes.com is saying that “Top U.S. public pension fund Calpers has called for the resignation of Walt Disney Company Chairman and Chief Executive Michael Eisner after more than 40 percent of shareholder votes cast at Disney’s annual meeting were withheld on Eisner’s re-election”. The number is far beyond Roy Disney’s hoped for 15-20%, and even more than his initial number of 35% of votes, which he believed would wake up the board to the general feeling against their CEO. Channel News Asia has more, and what this could realistically mean for Disney’s big cheese.
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