July 28, 2006
Disney director Wilson resigns after 21 years
LOS ANGELES (Reuters) - The Walt Disney Co. said on Friday
that Gary Wilson, a member of the company's board of directors
for the last 21 years, is stepping down from his post.
Wilson's resignation becomes effective July 31, his 21st
anniversary of service on the Disney board. His departure was
mandated by the length of service policy in the company's
corporate governance guidelines.
Wilson, 65, has been chairman of the board of directors of
Northwest Airlines Corp. since 1997, and served as the
company's chief financial officer from 1985 through 1989.
He also serves on the boards of commercial real estate
company CB Richard Ellis Inc. and Yahoo Inc., according to
Disney's Web site.