Disney CEO Bob Iger called Nelson Peltz’s proxy battle with the company a “distraction” and said the company’s board is focused on succession planning.
The Takeaways from Disney’s Proxy Battle with Nelson Peltz
New voting rules made for sharper attacks, while a bold defense kept the activist investor at bay. But pressure remains on the company’s chief, Bob Iger.
Disney beat back activist investor Nelson Peltz. Now the real work begins
Disney CEO Bob Iger has a year to show investors they were right to back him and the board over Trian Partners’ Nelson Peltz.
Disney shareholders to decide Nelson Peltz’s board fate at annual meeting
Trian Capital has waged a proxy fight against Disney to land two board seats. Disney shareholders will vote yes or no at Wednesday’s board meeting.
Disney’s Annual Meeting Will Include a Thrill Ride
A nasty and expensive fight over board seats will come to a climax Wednesday when shareholders vote on Nelson Peltz’s bid for influence.
Disney’s largest shareholder Vanguard reportedly backing management over Peltz in board fight
Vanguard has voted for Disney management ahead of Wednesday’s shareholder meeting, Bloomberg News reported citing people familiar.
Disney’s cinematic drought may have opened a door for activist investor Peltz
Other than “Avatar: The Way of Water,” Disney has not had a movie generate more than $1 billion since the last Star Wars movies in 2019.
How Dana Walden could defy critics and become Disney’s first female CEO
Walden has proven herself as a top TV executive, but some ex-Disney executives question whether her resume is suitable for the Disney CEO job.
As Disney Fights Nelson Peltz, Small Shareholders Loom Large
Individuals hold as much as 40 percent of the company’s shares, and they may decide a proxy battle that is one of the most expensive in history.
Disney and DeSantis Settle Suit Over Florida Special District
The settlement ends a two-year fight between the entertainment giant and the Florida governor over control of a state tax district near Orlando that encompasses Walt Disney World.
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