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. Michael Bloomberg

    Michael Bloomberg is one of the wealthiest persons in the world ...
  4. Jamie Dimon

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

    A former chairman, CEO and president of Ohio-based public utility ...
  6. Henry Paulson

    Henry Paulson served as the 74th U.S. Secretary of the Treasury. ...
Related Articles
  1. Managing Wealth

    Nasty Shareholder Activist Battles And Why They Happened

    Shareholder activists can have a big impact on a company's operations. These battles turned ugly as management lost control.
  2. Investing

    Walt Disney: How Entertainment Became An Empire

    One of the most powerful companies in the entertainment sector has some lessons to share for new budding entrepreneurs.
  3. Investing

    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.
  4. Professionals

    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.
  5. Insights

    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.
  6. Insights

    Disney: 6 Secrets You Didn't Know (DIS)

    Six things you probably didn't know about The Walt Disney Company, including how it generates nearly half of its revenue.
  7. Markets

    How Disney (DIS) Continues to Deliver

    The Walt Disney Co. is only an animation studio in the same way that Johnson & Johnson is only a baby powder manufacturer.
  8. Markets

    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.
  9. Managing Wealth

    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?
  10. Insights

    Disney Stock: An Earnings Case Study (DIS)

    Explore an earnings case study of The Walt Disney Company, and learn about its earnings and revenue in 2014 and 2015 and what analysts expect for Disney in 2016 and 2017.
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 can we do if my ex-husband is trying to get his 401k to cash out from his previous ...

    How can my ex-husband get it if he has been unemployed since  Read Answer >>
  3. 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 >>
  4. 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 >>
  5. What schools did Warren Buffett attend on his way to getting his science and economics ...

    Learn how Warren Buffett became so successful through his attendance at multiple prestigious schools and his real-world experiences. Read Answer >>
  6. Why does Richard Branson keep opening up new Virgin products instead of focusing ...

    Learn the how and why behind Richard Branson's success with constantly expanding Virgin Group products, including what makes ... Read Answer >>
Hot Definitions
  1. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  2. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  3. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  4. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  5. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  6. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
Trading Center