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Tag Archives: Walt Disney Company

December 8

December 8, 2006 – MarketWatch Names Bob Iger as CEO of the Year

“This is a well-deserved honor for Bob, and indicative of the passion and perseverance he brings to all of him endeavors.” – Peggy Williams, President of Ithica College

On December 8, 2006, MarketWatch released a statement naming Walt Disney Company President and Chief Operating Officer Robert Iger as CEO of the Year. Iger was named thanks to his contributions to the innovation of the entertainment industry; MarketWatch looks at the track record of CEOs in terms of stock price, performance for customers, treatment of employees, and corporate-governance initiatives. One of the major initiatives that led to this honor for Iger was the careful negotiations for Disney to buy Pixar for $7 billion, extending an olive branch to the company that had suffered a fractured relationship with Disney for quite some time.

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November 7

November 7, 2009 – Disney VoluntEARS Clean Up Brevard County

“Picking up trash on the beach is a simple action that people can take to really make a difference for wildlife and wild places.” – Jackie Ogden, Vice President of Animal Programs and Environmental Initiatives for Walt Disney Parks & Resorts

On November 7, 2009, approximately 400 Disney VoluntEARS headed out to the Brevard County coastline to clean up 1,080 pounds of trash across four miles. This volunteer project was a joint effort between Disney VoluntEARS, the Ocean Conservancy, Keep Brevard Beautiful, the United States Coast Guard, and the Canaveral Port Authority. This was the sixth year of Disney’s involvement with the Ocean Conservancy’s International Coastal Cleanup; in this time, over 1,700 VoluntEARS have picked up around 26,000 pounds of trash around the Florida coastline.

November 5

November 5, 2007 – The Partners Federal Credit Union is Officially Formed

“Imagine what we can do together.”

On November 5, 2007, the merger of the Vista Federal Credit Union and the Partners Federal Credit Union to create the new Partners Federal Credit Union for Disneyland and Walt Disney World employees.  The previous two credit unions had a long history of operation, with the original Partners Federal Credit Union beginning operation on March 18, 1968, and the Vista Federal Credit Union beginning on April 26, 1960. Created as “cast members serving cast members,” the credit union offers several banking and financing services.

October 16

October 16, 1998 – Twenty-One New Inductees Are Named Disney Legends

“That’s a whole lot of legends!”

On October 16, 1998, twenty-one new Disney Legends were honored in a special ceremony at the new Disney Legends Plaza at the Walt Disney Studios. The plaza was also dedicated on this day, commemorating the 75th anniversary of the Walt Disney Company. The honorees were an eclectic mix of those individuals who had a lasting impact on the history and success of the Walt Disney Company, and ranged from actors to executives. Among those honored were Disney Company managing director for England and Europe, Cyril James; company treasurer, Don Escen; former chairman of the Oriental Land Company, Masatomo Takahashi; film editor, Lloyd Richardson; first Alice actress, Virginia Davis; animator Bill Tytla; animator and director Wilfred Jackson; actress Kathryn Beaumont; animator and director Ben Sharpsteen; director, writer, producer, and narrator Jim Algar; merchandising executive Kay Kamen; former president of Walt Disney Enterprises of Japan, Matsuo Yokoyama; documentary film makers Al and Elma Milotte; actress Gynis Johns; actress Hayley Mills; actor Kurt Russell; documentary film maker Paul Kenworthy; director and producer Larry Lansburgh; composer Buddy Baker; film editor Norman “Stormy” Palmer; and actor Dick Van Dyke. Of those honored, James, Tytla, Jackson, Sharpsteen, Algar, Kamen, and the Milottes were honored posthumously.

September 20

September 20, 2011 – Disney Announces Joint Partnership with Lightstorm Entertainment

“…Disney will partner with Cameron and producing partner Jon Landau to create themed lands that will give theme park guests the opportunity to explore the mysterious universe of AVATAR first hand.”

On September 20, 2011, Walt Disney Parks and Resorts Worldwide announced that they had entered into a partnership with James Cameron’s Lightstorm Entertainment, along with Fox Filmed Entertainment. This exclusive agreement would give Disney the rights to create a new park based on Cameron’s blockbuster film Avatar. It was also announced that the Avatar-themed land would be added to Disney’s Animal Kingdom in Walt Disney World, with construction beginning in 2013. This agreement also gives Disney the opportunity to build other Avatar lands in other Disney Parks around the world.

August 24

August 24, 1994 – Jeffrey Katzenberg Steps Down as Head of Walt Disney Studios

“With heartfelt thanks and obvious regret, I wish him well in his future endeavors.” – Walt Disney Company CEO Michael Eisner

On August 24, 1994, Jeffery Katzenberg, the head of Walt Disney Studios, announced that he had resigned from his position. Although this had caught most of Hollywood by surprise, Katzenberg’s position at Disney had been up in the air since the passing of President of the Walt Disney Company, Frank Wells; there had been some obvious tension between Katzenberg and CEO Michael Eisner, who had refused to promote Katzenberg to Wells’ position. Although Katzenberg had helped to make Disney one of the most profitable studios of the era, the profitability came at a cost. It was announced that Joe Roth, the former chairman of 20th Century Fox, would be taking Katzenberg’s position.

July 28

July 28, 1993 – Bank of America Ends Partnership with Disneyland

“…Walt was confident of his vision [of Disneyland], and so was Bank of America.”

On July 28, 1993, the company Bank of America cease their association with Disneyland Park. The bank had been a part of the theme park since the park’s opening, as a branch was located on Main Street. The bank was also unique in that it was one of the few banks in the country to have regular Sunday and holiday hours. The association between Disney and Bank of America goes back even earlier than 1955; Bank of America financed Snow White and the Seven Dwarfs, which began a long relationship of the bank continuing to finance animated feature films for the company. Bank of America also sponsored the it’s a small world attraction from 1966 to 1992, with the sponsorship also advertising the company’s first modern credit card BankAmericard; this card was the first credit card to be accepted at the Magic Kingdom.