Roy Disney is a very happy man today. After a little more than a year of board members - led by Disney - and share holders calling for his ouster Michael Eisner has announced that he will step down from his position as the head of Disney at the end of his current contract, in 2006. Recent days have seen Eisner fighting with pretty much everybody - Pixar is on the way out, the Weinsteins look to be following, and the cell animation department that the company was largely built upon has been dismantled. Is there anybody who will be sad to see Eisner go? Nope. Not really at this point. You can read the letter announcing his intentions here.
