Biography of Michael Eisner

Synopsis

Michael Eisner, American businessman and member of the Television Academy Hall of Fame, was Chairman and CEO of the famed The Walt Disney Company from 1984 to 2005. He also served as Chairman and CEO of Paramount Pictures from 1976 to 1984 Born Michael Dammann Eisner on March 7, 1942, Michael has been active in his profession since 1966.

Early age and education

Michael Eisner was born and raised in New York to his parents Margaret Dammann and Lester Eisner, Jr. He grew up in the Jewish family. His mother was the president of the Irvington Institute and his father worked for the US Department of Housing and Urban Development as an attorney and regional administrator. His great-grandfather was the founder of the clothing company that first supplied clothing to the Boy Scouts of America. Michael Eisner is of mixed ethnicity. He has a sister named Margot Freedman.

Michael Eisner studied at the Allen-Stevenson School through his 9th ^grade followed by The Lawrenceville School for the 10th ^grade and beyond. He graduated from Denison University with a bachelor’s degree. in English in 1964. He is a member of the Delta Upsilon fraternity.

Career with The Walt Disney

In 1984, Michael Eisner moved to Walt Disney from Paramount Pictures. After the death of the founder of Walt Disney, the company was serving poorly with various acquisition attempts. They were its shareholders Sid Bass and Roy E. Disney, who incorporated Michael Eisner as CEO and president of the company.

Beginning with the films Who Framed Roger Rabbit in 1988 and The Little Mermaid in 1989, they gave the series critical and commercial success for the company. Despite the commercial success, the management within the company could not heal in the long term which gave birth to the campaign to save Disney. In 2005, Michael Eisner decided to step down as CEO, one year before the expiration of his contract. The news made the headlines of most newspapers and radio and television stations.

After leaving Walt Disney, Michael Eisner began appearing as a guest on many different shows and established an investment firm in 2007 called The Tornante Company, which he later partnered with Madison Dearborn Partners.

Pre-The Walt Disney career

Michael Eisner worked at NBC, CBS, and ABC before working at Paramount Pictures. He served as Assistant to the Director of National Programming eventually promoting to become the vice president in charge of programming and development at ABC.

In 1976, Michael Eisner moved to Paramount Pictures to become president of Paramount Pictures, but later became president and CEO of the movie studio. It was during his tenure that blockbuster movies were produced, including the Star Trek franchise, Grease, Footloose, Beverly Cops, and many others.

Personal life

Michael Eisner has been married to Jane Breckenridge since 1967. Wonderful years have passed since their marriage. The couple is lucky to have three sons named Breck Eisner, Eric Eisner, and Anders Eisner. All his children are adults and are dedicated to their profession.

Michael and his wife Jane have also become grandparents. They have led a successful married life. Other than Jane, there are no known affairs or past girlfriends of Michael.

Net worth

Michael Eisner is a billionaire. The estimated net worth of him is $1 billion as of 2008 and will surely have risen more than this by now. He is subjected to the salary of $750,000 per year with the exemption of bonuses and stock growth.