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Disney CEO Eisner to step down in 2006

Michael Eisner said he plans to step down as Walt Disney chief executive when his contract expires in September 2006. Former Disney board members Stanley Gold and Roy Disney, who tried to oust Eisner earlier this year, went on the record in February saying that Apple and Pixar CEO Steve Jobs would make a great choice to run Disney after Eisner. Both Gold and Disney resigned last year in a dispute with Eisner, who has been criticized for numerous company missteps, most recently for not reaching an agreement to extend its partnership with Pixar.

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