Roy E. said that Michael Eisner had turned the company "rapacious, soulless, and always looking for the quick buck rather than long-term value."
Explanation
The statement in question accurately reflects critiques made by Roy Disney about Michael Eisner's leadership of The Walt Disney Company. According to multiple sources, including articles from Next TV and The Seattle Times, Roy Disney indeed characterized the company under Eisner's management in these unflattering terms. Specifically, he expressed concerns about a perceived shift in the company's values, suggesting that Eisner prioritized short-term profits at the expense of the company's longstanding legacy and commitment to creativity and quality. This sentiment led Roy Disney to resign from the board in protest of Eisner's strategies, which he believed were detrimental to the core values of Disney. The criticism implies a broader concern about corporate practices focused on immediate financial gains rather than sustainable, long-term business models that foster creativity and brand integrity. Thus, the statement is verified to be accurate based on Roy Disney's public criticisms and the documented history surrounding his resignation from the Disney board.
Key Points
- Roy Disney publicly criticized Michael Eisner for prioritizing short-term profits over long-term value.
- The statement reflects sentiments expressed by Roy Disney and is backed by reputable sources.
- This critique contributed to internal conflicts within Disney and highlighted concerns about its corporate direction under Eisner.
