Disney Board Election Tally Shows James Gorman Leading All Vote-Getters

[ The Walt Disney Co. has released the official vote totals from its April 3 annual shareholder meeting, the event that featured the culmination of a proxy fight waged by Nelson Peltz. The effort by Peltz’s Trian Fund Management to secure two seats on the company’s board of directors was vanquished by Chairman and CEO … Read more

Disney Activist Investor Nelson Peltz Lost Proxy Fight But Claims $1B In Stock Gains

[ Activist investor Nelson Peltz, reflecting on his losing proxy battle with Disney, says he will “watch and wait” to see if the company will keep its promises. If not, he told CNBC in an interview Thursday, “you’ll see me again.” Asked by host Jim Cramer if reports were true that his firm, Trian Fund … Read more

Bob Iger On Succession, Nelson Peltz, Elon Musk & “Woke” Content  

[ Bob Iger took a victory lap this morning, a day after the company fended off activist investor Nelson Peltz in a fierce proxy battle. In an interview on CNBC, he said the fight had one positive, getting the company in closer tough with investors as it lobbied for its board slate. Peltz didn’t have … Read more

Disney Fends Off Nelson Peltz As Shareholders Back Company Board

[ Disney has succeeded in barring Nelson Peltz from its board of directors as shareholders at the company’s hotly anticipated annual meeting today voted for the company’s slate of 12 nominees. It was a months-long bitter and costly fight. “I want to thank our shareholders for their trust and confidence in our Board and management. … Read more

Elon Musk Backs Nelson Peltz In Disney Proxy Fight After Polls Close

[ Elon Musk is backing Nelson Peltz in the proxy battle for the future of Disney. Onlookers are waiting with baited breath after the bitter voting to select Disney’s board of directors closed last night, with CEO Bob Iger‘s nominees appearing likely to win out. However, that didn’t stop X/Twitter and Tesla owner Musk taking … Read more

Succession Saga Will Keep Heat On Bob Iger After Proxy Battle

[ The minutes are ticking down to the close of Disney’s bitter proxy fight with Nelson Peltz, whose attempt to scale the board is a direct challenge to CEO Bob Iger. Barring any hanging chads, results from voting for members of the board of directors will be revealed Wednesday at the company’s annual shareholder meeting … Read more

John Ridley Rips Nelson Peltz Over Disney Board Fight

[ Oscar winner John Ridley has some choice words for Nelson Peltz, the activist investor who’s trying to land two seats on the board of the Walt Disney Co. In the new episode of Deadline’s Doc Talk podcast, pod co-host Ridley excoriates Peltz for remarks the Trian Fund titan made about Disney’s superhero movies, specifically The … Read more

Disney Said To Be Edging Past Nelson Peltz As Proxy Fight Nears End

[ Disney may have nudged Nelson Peltz farther from its board as giant BlackRock is said to be backing the company’s slate of directors. The firm is Disney’s second-largest shareholder at about 4.2%. The news, first reported in the Wall Street Journal, followed T. Rowe Price, an 0.5% owner, coming out in support of CEO … Read more

Pension Fund Calpers Backs Nelson Peltz in Proxy Fight

[ Around 100 hours before the deadline for all Disney shareholders to cast their ballots in the acrid board clash between the Mouse House and activist investor Nelson Peltz, one of the country’s top pension funds just rolled its cannons onto the battlefield. With 6.7 million shares in Disney, the California Public Employees Retirement System … Read more

New York City Retirement Systems Backs Disney Board In Proxy Fight

[ EXCLUSIVE: The New York City Retirement Systems are in Disney‘s corner amid bitter proxy fight with activist investor Nelson Peltz. Disney’s “shares have performed well. Disney’s management and board are focused on a strategic transformation, and as shareholders we believe that they should be given the time to execute on this,” NYC Comptroller Brad … Read more