Henson Bio II: The Almighty Dollar
Chapter 11: The Call of the Magic Kingdom (Cont’d)
Excerpt from Jim Henson: Storyteller, an authorized biography by Jay O’Brian.
In October of 1980 Jim Henson and David Lazer met with the Disney accounting and finance committee, something he was entitled to as a major shareholder. The meeting was organized by Stan Kinsey, who recounts an interesting encounter:
I recall we were busy setting up for the meeting, running against the clock. Jim Henson and Card Walker weren’t expected to show up for a few minutes, so I was working with a young employee trying to get the overhead set up and the transparencies ready in time. I barely registered this tall man with a beard and a flowery shirt entering and taking a seat at the middle of the table. He had a guy next to him in a suit, and they started looking through one of the binders I had my secretary put together for the meeting. I immediately knew they had to be some of the Henson boys since none of my people would have dared worn that outfit to a meeting…or worn that beard.
Someone started joking about the “Hippie” on the way, sure that he’ll want us to serve granola at the commissary or redistribute the executive salaries to all the walk-arounds or something. Many in the room chuckled, but I cut him off. No need to irritate Henson’s people at the table. The bearded guy and his suited partner, seemingly not hearing the snide comments, start asking questions of Dave[1] from accounting, who was trying to answer them while also getting the table ready for the Bigwigs to arrive. Meanwhile, I’m arguing with the young employee – Eric, or something – about the fonts on the projected cost curves, largely ignoring the bearded guy, when suddenly I got that feeling you get when the Bigwigs enter the room and I turned to see Card Walker entering with Ron Miller and CFO Mike Bagnall. “Ah, I see Jim made it already,” Card said as he took the seat at the head of the table and frowned.
I realized with horror that the bearded man was Jim Henson. The other guy was David Lazer, Jim’s friend and Muppet Show producer. I’d ignored the guest of honor for several minutes! Jim just smiled and waved, and we got down to the business at hand. We went into the presentation, me struggling to overcome this awkward start the whole time. Card interrupted on occasion, but Jim mostly stayed quiet, only occasionally raising his hand to ask a question in a quiet voice. They were, surprisingly at the time, smart questions too, mostly about available funding lines for creative efforts, studio improvements, EPCOT timelines, and other things directly related to creative efforts.
In hindsight it was silly of me to think that a man who built an international business empire out of felt and google-eyes wouldn’t understand the basics of corporate finance.
It was the start of a productive and generally friendly relationship between Jim and Stan. In time Jim gifted Bagnall and Kinsey with Disney’s own version of the ironic Shrine to the Almighty Dollar that sat in the Henson Associates office in Manhattan. “I’ll cherish that silly little shrine to the day I die,” said Stan.
Jim Henson's Shrine to the Almighty Dollar (Image source: "jimhenson-themuppetmaster.tumblr.com")
[1] Fictional, though there’s always a “Dave” from accounting. It’s an immutable law of nature.
Excerpt from Jim Henson: Storyteller, an authorized biography by Jay O’Brian.
In October of 1980 Jim Henson and David Lazer met with the Disney accounting and finance committee, something he was entitled to as a major shareholder. The meeting was organized by Stan Kinsey, who recounts an interesting encounter:
I recall we were busy setting up for the meeting, running against the clock. Jim Henson and Card Walker weren’t expected to show up for a few minutes, so I was working with a young employee trying to get the overhead set up and the transparencies ready in time. I barely registered this tall man with a beard and a flowery shirt entering and taking a seat at the middle of the table. He had a guy next to him in a suit, and they started looking through one of the binders I had my secretary put together for the meeting. I immediately knew they had to be some of the Henson boys since none of my people would have dared worn that outfit to a meeting…or worn that beard.
Someone started joking about the “Hippie” on the way, sure that he’ll want us to serve granola at the commissary or redistribute the executive salaries to all the walk-arounds or something. Many in the room chuckled, but I cut him off. No need to irritate Henson’s people at the table. The bearded guy and his suited partner, seemingly not hearing the snide comments, start asking questions of Dave[1] from accounting, who was trying to answer them while also getting the table ready for the Bigwigs to arrive. Meanwhile, I’m arguing with the young employee – Eric, or something – about the fonts on the projected cost curves, largely ignoring the bearded guy, when suddenly I got that feeling you get when the Bigwigs enter the room and I turned to see Card Walker entering with Ron Miller and CFO Mike Bagnall. “Ah, I see Jim made it already,” Card said as he took the seat at the head of the table and frowned.
I realized with horror that the bearded man was Jim Henson. The other guy was David Lazer, Jim’s friend and Muppet Show producer. I’d ignored the guest of honor for several minutes! Jim just smiled and waved, and we got down to the business at hand. We went into the presentation, me struggling to overcome this awkward start the whole time. Card interrupted on occasion, but Jim mostly stayed quiet, only occasionally raising his hand to ask a question in a quiet voice. They were, surprisingly at the time, smart questions too, mostly about available funding lines for creative efforts, studio improvements, EPCOT timelines, and other things directly related to creative efforts.
In hindsight it was silly of me to think that a man who built an international business empire out of felt and google-eyes wouldn’t understand the basics of corporate finance.
It was the start of a productive and generally friendly relationship between Jim and Stan. In time Jim gifted Bagnall and Kinsey with Disney’s own version of the ironic Shrine to the Almighty Dollar that sat in the Henson Associates office in Manhattan. “I’ll cherish that silly little shrine to the day I die,” said Stan.
Jim Henson's Shrine to the Almighty Dollar (Image source: "jimhenson-themuppetmaster.tumblr.com")
[1] Fictional, though there’s always a “Dave” from accounting. It’s an immutable law of nature.
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