Walt Disney Productions
While Walt was the creative man, Roy was the one who made sure the company was financially stable; Roy and Walt both founded Disney Studios as brothers, but Walt would buy out most of Roy's share in 1929 and, unlike Max and Dave Fleischer of rival Fleischer Studios, Roy was not a co-producer.
Roy became the company's first CEO in 1929, although the official title was not given until 1968. He also shared the role of Chairman of the Board with Walt from 1945. Walt however dropped the Chairman title in 1960 so he could focus more on the creative aspects of the company. After Walt Disney's death in 1966, Roy postponed his retirement to oversee construction of what was then known as Disney World, and later renamed it Walt Disney World as a tribute to his brother. Roy became the president of Walt Disney Productions on December 15, 1966, and remained so until 1968.
Read more about this topic: Roy O. Disney
Famous quotes containing the words walt and/or productions:
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