Robert Iger Is Ready To Be On Top
The LAT reports that Disney president Robert Iger has the inside track to succeed CEO Michael Eisner as Rat King of the Magic Kingdom. (Assuming, of course, that Eisner doesn't decide to fill his pockets with C-4 and take his management team for "one last ride" on Space Mountain.) Iger seems to have the support of Wall Street, but some are worried that he's spent too much time servicing Eisner:
"He's spent so long under Eisner that it's hard to know how strong a leader he would be on his own," said Janna Sampson, portfolio manager of OakBrook Investments, which owns 789,000 Disney shares.
If shareholders really believe that Iger's been underneath Eisner for too long, maybe it's time for the Disney PR team to spin this positively. "Power bottom" has a much better ring to it than "Eisner's bitch."