He graduated from Pomona College in 1951 and first began working for Walt Disney Productions as an assistant director and producer (True-Life Adventure).
This began a series of events that ultimately led to the replacement of Ron Miller (husband of Walt's daughter Diane Marie Disney) by Frank Wells and Michael Eisner as president and CEO, respectively.
[7][10] When Frank Wells died in a helicopter crash in 1994,[11] Michael Eisner refused to promote Katzenberg to the vacated position of president.
Katzenberg launched a lawsuit against Disney to recover money he felt he was owed and settled out of court for an estimated $250 million.
Like its predecessor, the film combined high-quality contemporary animation and classical music, but also suffered at the US box office.
When the board of directors rejected Disney's request for an extension of his term as a member, he announced his resignation on November 30, 2003, citing "serious differences of opinion about the direction and style of management" in the company.
He issued a letter criticizing Eisner's alleged mismanagement, neglect of the studio's animation division, failures with ABC, timidity in the theme-park business, corporate mentality in the executive structure turning the Walt Disney Company into a "rapacious, soul-less" conglomerate, and refusal to establish a clear succession plan.
This vigorous opposition, unusual in major public corporations, persuaded the board to replace Eisner as chairman with George J. Mitchell; he did, however, remain as chief executive.
Iger quickly repaired the estrangement, and on January 24, 2006, the company announced the acquisition of Pixar in an all-stock deal worth $7.4 billion.
[19] On January 19, 2007, after beginning a relationship with Leslie DeMeuse, Disney (then 77 years old) filed for divorce from his wife, Patricia (then 72), citing "irreconcilable differences", according to court documents.
[1] On January 4, 1998, Pope John Paul II made Disney a Knight Commander of the Pontifical Order of St. Gregory the Great.
[26] On April 26, 2008, Disney received an honorary doctorate from the California Maritime Academy "for his many contributions to the state and the nation, including international sailing.