[ Disney, assailed by activist investors, launched a new website today called VoteDisney with a video featuring Donald Duck’s uncle and other animated creatures telling shareholders what to do to keep the company’s board of directors intact, and showing them how to do it. “Friends, relatives and estimated chairman, you’re probably all wondering what we’re … Read more
[ The Walt Disney Co. has come out in defense of its “highly qualified board and clear strategy” for growth and share price gains as activist investment firm Trian Capital issued its latest attacks on the company. The company also disclosed the date of its annual shareholder meeting, which could see bigger sparks fly over … Read more
[ The Trian Group’s Nelson Peltz has formally asked Disney shareholders to elect himself, as well as former Disney executive Jay Rasulo, to the company’s board of directors at the annual meeting this spring. The activist investor, who is allied with Ike Perlmutter, holds a war chest of about $3 billion- worth of Disney stock. … Read more
[ Disney CEO Bob Iger’s compensation totaled about $31.6 million for the company fiscal year ended Sept. 30. It includes most of the year. Iger returned to lead Disney in November of 2022. In a preliminary proxy statement filed with the SEC this afternoon, Disney also alerted shareholders to an upcoming annual meeting but didn’t … Read more
[ James Gorman, CEO of Morgan Stanley and soon to be a member of Disney‘s board of directors, is not fazed by the possibility of the media giant going through a proxy fight. During a lengthy sit-down with CNBC, the exec acknowledged that a battle is brewing with activist investor Nelson Peltz, whose investment firm … Read more
/origin-imgresizer.eurosport.com/2024/05/09/3965037-80495448-2560-1440.jpg)
