A high profile addition to IAC’s board: Michael Eisner. The former Disney (NYSE: DIS) CEO will become the thirteenth member of the company’s board, which already included big media names such as former Dow Jones (NSDQ: NWS) CEO Richard Zannino, Warner Music CEO Edgar Bronfman Jr., and, of course, chairman Barry Diller.
Since leaving Disney more than five years ago, Eisner’s investments have included digital content studio Vuguru, trading card company Topps, and the ill-fated Veoh video site. Eisner was most recently in the news over the summer, when he was mentioned as a possible successor to Tribune Chairman Sam Zell, although he later downplayed that possibility.
Eisner and Diller go way back. According to this Eisner biography, Eisner worked at CBS (NYSE: CBS) shortly after graduating from Denison University in 1964. Unhappy with the job, Eisner sent around his resume and received one response. It was from a man named Barry Diller, who brought him to ABC. The two men also worked together at Paramount Pictures in the 1970s, where Diller was chairman and Eisner was president.