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Disney puts some pep in it's step....With incoming Chairman John Pepper

Published: Thursday, June 29, 2006

Ok so we were thinking someone more along the lines of Frank Biondi, or even Geri Levine, but Disney settled on naming a current member of their board of directors to the post of Chairman. John Pepper Jr. is the former head of Proctor & Gamble and will now be the cloud hanging over Bob Iger's head. This means that current chairman, former U.S. Senate Majority leader George Mitchell can go do whatever it is that former U.S. Senate Majority leaders do.

And the Analysts weigh in on Pepper:

Ken Harris, an analyst for marketing and sales consulting firm Cannondale Associates, said Pepper is "very qualified" to lead Disney through the dynamic moves it has made under Iger, including the purchase of Pixar and growth into Asia.

"He is the right person to take an opinionated group of leaders and get consensus," Harris said.

"I think that he is obviously an independent thinker and he provides an external point of view."

Sanders Morris Harris analyst David Miller, who covers Disney, said Pepper "should be seen as nothing but an asset."

"He is very much like Bob Iger -- a consensus builder, not a divisive guy, a great leader," Miller said. "He obviously knows something about consumer products ... and Disney is essentially a consumer-driven media company."



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Labels: FrankBiondi, Gerald_Levin

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