Shamrock Holdings
Encyclopedia
Roy E. Disney
Roy Edward Disney, KCSG was a longtime senior executive for The Walt Disney Company, which his father Roy Oliver Disney and his uncle Walt Disney founded. At the time of his death he was a shareholder , and served as a consultant for the company and Director Emeritus for the Board of Directors...
(January 10, 1930 – December 16, 2009) family investment firm and the Disney family remains a key investor. Roy was its chairman, and Stanley Gold
Stanley Gold
Stanley Phillip Gold is President and CEO of Shamrock Holdings, Roy E. Disney's private investment company. He was on the Walt Disney Company's board of directors 1984; 1987-2003. He and Roy resigned to publicly campaign to oust then CEO and Chairman of the Board Michael Eisner. He also helped...
its President/CEO. Shamrock owns a number of assets including hotels and radio and television stations. Shamrock often takes an aggressive strategy, launching hostile takeovers. In 1988 and 1989, it pursued Polaroid
Polaroid Corporation
Polaroid Corporation is an American-based international consumer electronics and eyewear company, originally founded in 1937 by Edwin H. Land. It is most famous for its instant film cameras, which reached the market in 1948, and continued to be the company's flagship product line until the February...
, ultimately failing to take over the company but winning concessions such as an advertising deal for its television stations. In July 2006 one of Roy E. Disney's daughters, Abigail, became Vice Chairman of Shamrock. Shamrock is a private corporation, owned 100% by the estate of Roy E. Disney.
From 2003 to 2005, Shamrock was an instrumental force in the SaveDisney campaign and the ouster of Michael Eisner
Michael Eisner
Michael Dammann Eisner is an American businessman. He was the chief executive officer of The Walt Disney Company from 1984 until 2005.-Early life:...
as CEO of The Walt Disney Company
The Walt Disney Company
The Walt Disney Company is the largest media conglomerate in the world in terms of revenue. Founded on October 16, 1923, by Walt and Roy Disney as the Disney Brothers Cartoon Studio, Walt Disney Productions established itself as a leader in the American animation industry before diversifying into...
.
Shares
According to Reuters, in 1984 Shamrock held 1,428,061 (or just over 4%) of all Disney stock.As of 2003 Roy E. Disney
Roy E. Disney
Roy Edward Disney, KCSG was a longtime senior executive for The Walt Disney Company, which his father Roy Oliver Disney and his uncle Walt Disney founded. At the time of his death he was a shareholder , and served as a consultant for the company and Director Emeritus for the Board of Directors...
held about 1% of Disney stock through Shamrock Holdings. This made him the third largest individual stakeholder of Disney stock.
Shamrock Holdings bought a 5.5% stake in Texas Industries
Texas Industries
TXI is headquartered in Dallas, Texas, USA. It produces construction materials, primarily cement, aggregates, and concrete.Its Midlothian plant on the south side of Midlothian, Texas is about south of downtown Dallas...
in 2008.