PRESIDENT NAMED FOR DISNEY <DIS> EUROPEAN PARK
Walt Disney Co <DIS> said it
named Robert J. Fitzpatrick, president of Euro Disneyland.
    Disney said the appointment becomes effective when it and
the French government sign the definitive agreement for the new
outdoor entertainment complex near Paris. It said the park will
be built on nearly 5,000 acres in Marne-la-Vallee, 20 miles
east of Paris. It said it will include the Magic Kingdom theme
park, outdoor recreation, shops and hotels.
    It said it will seek qualified investors in France and
elsewhere to form the Europ Disneyland owner company, in which
it will also be an equity partner.
    Disney also said it will receive management fees for
operating the park in addition to license and royalty income.
    It said Fitzpatrick is president of California Institute of
the Arts and director of the Los Angeles Festival.

 Reuter
