Disney extends Eisner contract and Ovitz exit package
Disney extends Michael Eisner's chairmanship by ten years with stock options worth 195 million and grants Michael Ovitz a 118 million exit package. Eisner holds exercisable options valued at 303 million as of September 30 1996 plus 61 million in unexercised options. Ovitz severance totals 38.8 million in cash and 3 million in options.
MENTIONED IN THIS ARTICLE
Disney
Walt Disney Co
Michael Eisner
Michael Ovitz
Eisner
Ovitz
Ellen Degeneres Show Episode May Reveal Lesbian Character
ABC Entertainment President Jamie Tarses said an episode showing Ellen Morgan as a lesbian is in the works but may not air. She noted the decision depends on several parties and discussions will determine how the character evolves after coming out.
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ABC Entertainment
Jamie Tarses
Ellen Degeneres
Semniannual Television Critics ‘Assn
Ellen Morgan
Ms. Tarses
House shifts Gingrich ethics hearing amid partisan strain
The House ethics committee delayed hearings on Newt Gingrich ethics violations, delaying a public process that would lead to a sanctions vote on January 21. Chair Nancy Johnson ordered the report completed by January 16 and signaled a later public hearing, while Democrats pressed for the report to be issued before any sanctions vote.
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Washington
House
Ethics Committee
Newt Gingrich
Gingrich
Jim Cole
Congress
Cole
GOP
George Miller
D-Calif
Theodore van der
Meid
Johnson
David Hobson
Ohio
Criminalist questions O J evidence in Simpson trial
Henry Lee, a renowned criminalist, captivated jurors during five hours of taped questioning in the O J Simpson civil trial. He questioned evidence collection and suggested a possible second assailant while jurors watched bloody photos. a glove hole discrepancy was noted by Robert Baker and Dennis Fung.
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Santa Monica
Calif
Henry Lee
Connecticut State Forensic Science Laboratory
Lee
Simpson
Robert Baker
Bundy Drive
Baker
Dennis Fung
Huang inquiry links fund raiser to Lippo calls during intel briefings
Washington AP a key figure in foreign donations to Democrats is shown making multiple phone calls to his former Lippo Group employer during periods of classified intelligence briefings while serving as a senior Commerce Department official. Huang pledged no Lippo ties upon taking the post in July 1994 and faced investigations as funds raised were questioned for foreign origins.
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Democrats
John Huang
Lippo Group
Huang
Commerce Department
Department
Associated Press
Lippo
California Bank
Commerce
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