Walt Disney Co. said its board chose executive search firm Heidrick & Struggles to help it find a new chief executive officer when Disney CEO Michael Eisner steps down.
The board expects to announce a successor to Eisner by June 2005, Disney said in an e-mailed statement. Eisner has said he will step down when his contract ends in September 2006.
Disney's board last month said company President Robert Iger will be the only internal candidate considered, along with outsiders, to succeed Eisner and said it would hire a search firm.
The board has said Iger is "highly qualified" and an "outstanding executive." In a Fortune magazine article in September, Eisner said he as no plans to remain a director or return as chairman.
Via The New York Post
The New York Times has a long article about Iger and succession that was accessible without subscription when I checked today. But then when I tested this post it didn't work. If you have a subscription You can read it here.
Otherwise you can read it here