Judge Keeps Disney’s Pay Data Confidential
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Former Walt Disney Co. Roy E. Disney can’t disclose company executives’ compensation information to boost his campaign to oust Chief Executive Michael Eisner. Delaware Chancery Court Judge Stephen P. Lamb ruled that Disney didn’t have to drop confidentiality restrictions on documents outlining how directors set Eisner’s and other executives’ pay over a two-year period starting in 2002.
The former director has said he sought to publicize the information so that investors can evaluate whether the board is doing its job.
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