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Disney Awards CEO Michael Eisner New Contract

HeadlineJan 10, 1997

In other corporate news, Michael Eisner got 10 years and 8 million stock options worth $195 million in a new contract as chairman and chief executive of Walt Disney Company. Eisner also has stock options he can exercise at any time, that Disney valued at $303 million as of September 30, when the new contract took effect. The company valued additional options he cannot yet exercise at $61 million.

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