Michael Eisner

DEFINITION of 'Michael Eisner'

A former CEO of Walt Disney from 1984 to 2005. Michael Eisner was initially extremely successful in this role: he oversaw the production of numerous blockbuster films, helped the company diversify, saw its stock price rise and helped increase annual revenues by $7 billion.


Starting in the mid-to-late 1990s, the company suffered financially and Eisner faced increasing criticism for his management style and decision making. Because of his falling popularity, he was not re-elected as chairman in 2004 and he stepped down as CEO and director in 2005.

BREAKING DOWN 'Michael Eisner'

Born in 1942 in New York State, Eisner earned his BA in 1964 from Denison University. He began his media career as a page for NBC in 1963, and also worked briefly at CBS before beginning a long career with ABC in 1966 as assistant to the national programming director.





He worked his way up to senior vice president for prime-time production and development over the next 10 years, then joined Paramount Pictures as its president and CEO before going to Walt Disney as its chairman and CEO in 1984, a position he would hold for 20 years. He also established the Los Angeles-based Eisner Foundation in 1996 to help disadvantaged children and the elderly.



RELATED TERMS
  1. Fat Cat

    A slang word used to describe executives who earn what many believe ...
  2. Phil Condit

    A former CEO and chairman of Boeing. Condit is best known for ...
  3. Jamie Dimon

    The chairman, CEO and former president of JPMorgan Chase & ...
  4. E. Linn Draper Jr.

    A former chairman, CEO and president of Ohio-based public utility ...
  5. Michael Bloomberg

    Michael Bloomberg is one of the wealthiest persons in the world ...
  6. William E. Mitchell

    A chairman and CEO of Arrow Electronics. William E. Mitchell ...
Related Articles
  1. Executive Compensation

    The 5 Highest Paid Executives in the Consumers Sectors (LBTYA, CBS)

    Discover who the highest-paid executives in the consumer sectors are and how they reached their positions of power and influence.
  2. Stock Analysis

    If You Had Invested Right After Disney's IPO

    Discover how the Walt Disney Company has been entertaining people and taking care of its shareholders since debuting on the NYSE in 1957.
  3. Stock Analysis

    The Top 5 Disney Shareholders

    Learn about the top individual shareholders of Walt Disney Company stock and their connections to the hugely successful media corporation.
  4. Professionals

    America's Top CEOs and Their College Degrees

    You might expect all of America's top CEOs to have a business degree from an Ivy League school, but they hail from a variety of academic backgrounds.
  5. Investing News

    Should You Invest in Disney Stock Before Star Wars?

    The force is strong with Disney stock, as it continues to make gains going into the launch of EP7. But is this pricey stock a good buy at these levels?
  6. Stock Analysis

    Walt Disney Stock: A Dividend Analysis

    Learn about the Walt Disney Corporation, its dividend policy, historic dividend yields and the company's dividend prospects going forward.
  7. Active Trading Fundamentals

    Disney's 4 Key Financial Ratios (DIS)

    Learn about the financial ratios that are important in understanding Walt Disney Company; analyze the company's past performance and evaluate its new business developments.
  8. Stock Analysis

    Is This the Right Time to Buy Disney?

    Investors need to make sure they're paying attention to the real driving forces behind Disney.
  9. Investing

    What CEOs Actually Do

    CEOs are responsible for the overall operation of a business, and are usually elected by shareholders and the board of directors.
  10. Investing

    Steve Jobs: Net Worth

    At the time of his death in 2011, Steve Jobs' net worth was estimated at $10.2 billion. His estate was estimated to be worth roughly $19 billion in 2015. From his early days at Apple, Jobs ...
RELATED FAQS
  1. Who are Disney's (DIS) main competitors?

    Learn about how creating entertainment has been Disney's niche since the 1920s, even as it faces ever-increasing competition ... Read Answer >>
  2. What is the difference between a president and a chief executive officer? Can there ...

    In general, the chief executive officer (CEO) is thought of as the highest ranking officer in a company while the president ... Read Answer >>
  3. How does a change in CEO impact stock price?

    Learn what effect hiring a new CEO has on the value of a company's stock. Explore which factors are most likely to influence ... Read Answer >>
  4. How did Warren Buffett get started in business?

    Warren Buffett may have been born with business in his blood. He started saving while other children were at the playground, ... Read Answer >>
  5. What stock factors should you consider when a company makes a CEO change?

    Learn about factors affecting the price of stock following a change in CEO. Explore why a change in CEO may be positive or ... Read Answer >>
  6. What is the difference between diversification and hedging?

    Learn what diversification and a hedge are, how investors can diversify and hedge their investments, and the main difference ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center