Hi °C | Lo °C Roy Disney, the son and nephew of The Walt Disney company founders who twice led shareholder revolts which shook up the family business, died yesterday.
He was 79. The Walt Disney Co announced that Disney died in Newport Beach, California, after fighting stomach cancer.
Although he generally stayed out of the spotlight, Roy Disney did not hesitate to lead a successful campaign in 1984 to oust Walt Disney's son-in-law after concluding he was leading the company in the wrong direction.
Nearly 20 years later he launched another successful shareholders revolt.
