10/07/2005 Archives: "Eisner resigns board seat, leaves Disney completely"

In a surprising announcement, Disney said yesterday in a Securities and Exchange Commission filing that Michael Eisner "resigned his board seat last Friday and will not serve as a company consultant, as he had been entitled to do under his employment agreement", according to the AP. After resigning as CEO in September Eisner was expected to stay on in a much more limited capacity and set up new offices at the Disney headquarters. However the SEC filing makes clear the Eisner "no longer provides any services" to the company. Thanks to "Plightyear" in the A-N forums for the tip.

Posted by James at 1:23 pm ET