Close on the heels of Roy Disneys resignation from the Walt Disney Co., Stanley P. Gold today, Dec. 1, 2003, sent the following letter of resignation to the Walt Disney board of directors. Gold, 60, worked with Roy Disney in 1984 to save the company from a takeover attempt and install Eisner as chairman. Gold heads Shamrock Holdings, which manages Roy Disney's investments.
The text of Golds letter follows:
December 1, 2003
To the Board of Directors of the Walt Disney Company: