Disney board clears Steve Jobs, current Pixar execs in stock options probe

Apple iTunes“The Walt Disney Co. said Friday that while stock-option awards to some employees of Pixar Animation Studios were backdated, no one associated with Disney today — including board member Steve Jobs — deliberately did anything wrong,” Gary Gentile reports for The Associated Press.

“Jobs also is embroiled in a probe of stock options at Apple Inc., where he is chief executive. An internal company probe at Apple cleared Jobs of wrongdoing in the backdating of thousands of options, including grants to Jobs. Federal authorities are continuing their probe into those grants,” Gentile reports.

Gentile reports, “Pixar Animation Studios granted stock options to key executives four times since 1997 on dates that coincided with the company’s lowest stock price, company filings show. Jobs did not receive any of the options grants from Pixar. Instead, they were given to John Lasseter, Ed Catmull and other executives.”

“Lasseter and Catmull assumed important roles at Disney after the acquisition. Catmull runs Disney’s feature animation unit while Lasseter is a creative consultant for both Disney’s animated films and theme park attractions. The two executives also continue to run Pixar, which is based in Emeryville,” Gentile reports.

Full article here.

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  1. Piper78: John Lasseter is the “Chief Creative Officer” not a consultant, there is a big difference.

    Wrong dude…

    Pixar is now a wholly-owned subsidiary of The Walt Disney Company, whose CEO is Robert Eiger.

    Ed Catmull is the president of of Pixar and Disney Animation Studios.

    John Lasseter is chief creative officer of Pixar and Disney Animation Studios and principal creative advisor, Walt Disney Imagineering.


    Pixar Investor Relations “Meet the Execs” page

    Pixar Corp Overview

  2. Huh. Amazing how many people here can make really strong statements about history and politics while actually having very little knowlege or understanding of history or politics.

    Since we’re up to our necks in Iraq and Afganistan (and both sides of the isle voted for it) we should be considering this question:

    Seeing as we (the U.S.) are fighting a war against “terrorists” how exactly are we going to “win” it?

  3. “Seeing as we (the U.S.) are fighting a war against “terrorists” how exactly are we going to “win” it?”

    It’s fairly simple really.

    1: kill anyone who actually tries to kill you or your fellow citizens or advocates killing you or your fellow citizens.

    2: Concurrently bring the remaining people into the 20th century by educating them and improving their standard of living so that their desire to kill you and your countrymen evaporates, or at least becomes talk rather than action.

    3: Really just a continuation of 1. Keep killing anyone who still wants to kill you.

    4: Don’t elect politicians without the balls to stay the course and simply want to appease people. Refer World War II for how badly that appeasement plan goes and how many people get killed in the end when it becomes apparent that the approach does not work.

  4. ….And there you have it, folks. A simple, direct and certainly effective solution to how to “win” the war against the terrorists.
    Wow. Who’da thunk that it would be that simple? ” width=”19″ height=”19″ alt=”rolleyes” style=”border:0;” />

    I reiterate: Amazing how many people here can make really strong statements about history and politics while actually having very little knowlege or understanding of history or politics.

  5. “I reiterate: Amazing how many people here can make really strong statements about history and politics while actually having very little knowledge or understanding of history or politics.”

    That plan’s worked pretty well down through the centuries if you know anything about history. No city, state, or nation that was not militarily strong lasted independently for any period of time.

    There’s some very simple reasons that you don’t speak German or Japanese or Russian today in the US, and none of them have anything to do with being weak about being prepared to stand up and defend the country.

    Sometimes it takes a little demonstration (9/11, Pearl Harbor etc) for many to see that the other guys are actually serious and won’t just leave you alone to live in peace. If we adopt a weak strategy for now, lets just see how the pendulum swings after the next attack on US soil.

    Ricochet, what’s your plan? convert to Islam? Withdraw and expect to live happily in the USA thereafter? Seriously, what’s your plan?

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