The battle for the Kingdom’s highest Court is reportedly over, as Activist Investor Nelson Peltz withdraws his proxy fight to join Disney’s Board of Directors after CEO Bob Iger outlined a massive reorganization of The Company during the Q1 2023 Earnings Call. But how much damage in terms of voting proxy has already been done? Trian Partners founder Nelson Peltz ...
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Disney Pushes Back Against Activist Investor’s Advances
The Walt Disney Company is closing the castle gates and is making its push to keep activist investor Nelson Peltz out of the proverbial round table that is the Board of Directors, arguing that he knows nothing of their business and is no friend to the current established leadership. In a presentation filed with the United States Securities and Exchange ...
Read More »Enemy or Friend? Nelson Peltz’s Fight for Disney’s Future
More drama is still to come in The Walt Disney Company’s Board Room as CEO Bob Iger, newly appointed chairman Mark Parker, and the rest of the director attempt to keep “activist investor” Nelson Peltz off the board. Here’s what you need to know. Hedge fund manager Nelson Peltz and his Trian Fund Management have had enough with the direction ...
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