A Problem Of Succession

Two years is a long, long goodbye by corporate standards. Not only that, but the race to succeed Michael Eisner at the helm of Disney is reportedly wide open, leading to fears that the two-year lame duck period could cause chaos or institutional paralysis. “That could be particularly problematic for Disney, which has just started to rebound after a prolonged stock slump and months of turmoil marked by a failed takeover bid from cable giant Comcast Corp. and a shareholder revolt to unseat Eisner.”