case six eastman kodak meeting the digital challenge robert m grant january 2004 marked beginning of dan carp s fifth year as inc chief executive officer by late february it was looking though would also be his most challenging had begun with dissident shareholders becoming louder and bolder critical issue imaging strategy that presented to investors in september 2003 called for a rapid acceleration technological market development its business commitment some 3 billion investment financed part slashing dividend particular concern carl icahn who obtained clearance acquire 7 stock not known patience or long term horizons he famous role greenmailer an initiator boardroom putschs leveraged buyouts opposition based upon skepticism over whether massive investments ever generate returns shareholder activist bert denton entirely different vision viewed traditional photography