This excerpt taken from the DIS 8-K filed Jan 26, 2006.
Upon the effective date of the Disney Pixar merger, a Committee (Committee) shall be immediately established to help provide oversight to the Feature Animation Businesses of Disney and Pixar.
The principal objectives of the Committee are: (i) to help maintain the Pixar culture, (ii) to help supervise Pixar and Disney Feature Animation, (iii) to oversee Pixar compensation practices and (iv) to approve the film budgets of Pixar, all subject to final approval by Disneys Chief Executive Officer.
The Committee shall initially consist of the following members: Edwin E. Catmull, John A. Lasseter, Robert A. Iger, Richard Cook, Thomas O. Staggs, and Steven P. Jobs.
It is intended that the Committee will meet at the headquarters of Pixar in Emeryville for at least one full day during every other calendar month.