General News

Mouse House chairman waves farewell

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Jun 21, 2001 | 4:07am EDT

Walt Disney is paving the way for chairman Peter Schneider's imminent departure. The Mouse House announced that not only is Schneider stepping down from his post as chairman of film and television studios at The Walt Disney Co. to start an independent Boardway production company, but that it also will kick in some of the venture capital for Schneider's new place of business, reports Reuters. Schneider, who has been in his current role at Disney for 18 months, was described by Disney CEO Michael Eisner as being "at the center of our incredible creative successes in animation and the legitimate theater." Three exces at Disney will assume Schneider's duties, as no successor has yet been named.

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