While Chandler cleared the board of impropriety, he had harsh words for their conduct. Disney’s directors “fell significantly short of the best practices of ideal corporate governance,” he wrote. He called Eisner a “Machiavellian” CEO who stacked his board with cronies and “enthroned himself as the omnipotent and infallible monarch of his personal Magic Kingdom.” That’s the tragedy that can befall the company man: we come to believe we are the company.
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