A Subdued Final Act at the House of Mouse

The Walt Disney Company filed an 8-K form yesterday announcing it had reached an employment agreement with new CEO Robert Iger, successor to Michael Eisner.  (Details at the NYT here.)  The compensation, at $2 million salary and an estimated $7.25 million in performance bonuses, is generous but not Eisner-esque.  The form also announced Eisner's resignation as CEO last Friday.  His departure, earlier than expected, is an unusually quiet denouement for a tenure that reshaped Disney, the entertainment industry, and even Delaware corporate law.  It will be interesting to see where Disney and its former CEO go from here.