A NOTE FROM MICHAL EISNER

Created by michael eisner 11 years ago
l I wanted to make it clear that there would be no Disney today but for Ray Watson. Ray was a gifted advisor to Walt. And later, well after Walt's death, in 1983/4 period, Ray's level headedness saved the company. He was unheralded and was fine with that. He was unique in corporate America. He was the steady hand keeping everything together, fighting off all the barbarians at the gate. He was the key member circa 1983 of the board, the doer of the board, the calmness for the board, and had the intelligence to direct the board. Ray was the one. And because of Ray a company that in 1984 was valued at less than $2B, now is being value at over $100B. But mostly he found people that with him wouldn’t sell the parks to Marriott, the movie business to MGM, and wouldn’t stand and watch a general liquidation of the entire enterprise. He slayed the parasites on the periphery. Ray believe in the ethos of the company, of the idea of growing the company, and mostly he believed in the idea of content creation. Ray was the real visionary. I tried to follow Ray's path to carry Walt's smile, Walt's culture, Walt's sword, Walt's glove; hMichael D. Eisenr November 11, 2012