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Subject: Roy Disney, nephew of Walt dies
Written By: ninny on 12/17/09 at 7:32 am
Roy E. Disney, the nephew of Walt Disney whose powerful behind-the-scenes influence on The Walt Disney Co. led to the departure of former chief Michael Eisner, has died. He was 79.
The company announced that Disney died Wednesday in Newport Beach, Calif., after a yearlong bout with stomach cancer.
Company president and chief executive Bob Iger said Disney was much more than a valued 56-year company veteran.
"Roy's commitment to the art of animation was unparalleled and will always remain his personal legacy and one of his greatest contributions to Disney's past, present and future," Iger said in a statement.
Although he generally stayed out of the spotlight, Roy Disney didn't hesitate to lead a successful campaign in 1984 to oust Walt Disney's son-in-law after concluding he was leading the company in the wrong direction.
Nearly 20 years later, he launched another successful shareholders revolt, this time against Eisner, the man he'd helped bring in after the previous ouster.
Born in 1930, Roy Disney had practically grown up with the company. His uncle Walt Disney and his father, Roy O. Disney, had co-founded the Disney Brothers Cartoon Studio seven years before, later renaming it The Walt Disney Co.
While Walt was the company's creative genius, his brother was the one in charge of the company's finances.
Starting in the 1950s, the younger Roy Disney worked for years in the family business as an editor, screenwriter and producer. Two short films he worked on were nominated for Academy Awards: the 1959 "Mysteries of the Deep," which he wrote, was nominated as best live action short, and the 2003 film "Destino," which he co-produced, was nominated as best animated short.
Despite his heritage, Roy Disney never got the chance to lead the company. But as an investor who grew his Disney stock into a billion-dollar fortune, he had a huge impact on the company's destiny.
Subject: Re: Roy Disney, nephew of Walt dies
Written By: JamieMcBain on 12/17/09 at 10:18 am
This is really sad news.
Rest in peace, Roy.
:\'(
Subject: Re: Roy Disney, nephew of Walt dies
Written By: MrCleveland on 12/17/09 at 3:04 pm
And that was the third...
The other two were Oral Roberts and Chris Henry.
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