Eisner To Leave Disney

Coming off a brutal year in which he faced withering criticism for his business tactics and came dangerously close to not being reelected to the company board, Disney CEO Michael Eisner has announced that he will leave the company when his contract expires in 2006. Sources suggest that the board would not have renewed the contract anyway, and that the announcement was a way for both sides to save face in what had become an embarrassingly public and drawn-out separation.