Probably sensing that lingering around Disney
The move comes just as his hand-selected successor, Robert Iger, took the helm earlier this week. It's probably best for both Disney and Eisner that he chose to leave now instead of finishing out his term. This way, Iger can tackle the many challenges that Disney faces without being distracted by Eisner's shadow, while Eisner can carve out his next professional chapter.
Yes, that's right. You certainly didn't think that Eisner was going to just retire, did you? Sure, he's loaded, but someone as driven as Eisner is bound to take on a new challenge. More importantly, given his rather unceremonious departure, I'm sure that Eisner would like one last crack at going out on top.
Where will he wind up?
Eisner's annual shareholder letters often included warm anecdotes of his own family. It's a bond that he's unlikely to neglect. His son Breck Eisner recently made his big-screen directorial debut with Viacom's
He may also be intrigued by satellite radio. Just as Sirius
The power struggle at Six Flags
In the end, I would be shocked if Eisner faded away from the spotlight. Opportunities will present themselves. He may not nibble at first, but he'll come around. This isn't the last you've heard of Eisner.
Further highly animated Foolishness:
- We wrote the Mouse House's new CEO a Dear Iger letter.
- Will Disney's board learn the lessons of Ovitz?
- Like many Disney productions, Eisner's tenure had a happy ending.
Longtime Fool contributor Rick Munarriz is a huge fan of Disney and is willing to give Iger the benefit of the doubt. He owns shares of Disney, Six Flags, and Pixar. The Fool has a disclosure policy. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.