Nelson Peltz and Blackwells Capital have lost their proxy fights to get their nominees onto the Disney Board of Directors, according to Reuters. Disney Board of Directors Proxy Fights Ahead of Disney’s annual shareholders meeting, the company announced that their current Board of Directors was successfully re-elected. This slate of executives includes: Nelson Peltz, CEO … Read more
The grandchildren of Walt Disney and Roy O. Disney shared open letters to shareholders in support of The Walt Disney Company, CEO Bob Iger, and the current Board of Directors in the proxy fights against Trian Fund Management and Blackwells Capital. The undersigned include Abigail Disney, who has been outspoken against the company in the … Read more
Blackwells Capital has launched TheFutureOfDisney.com and shared a video explaining why shareholders should elect their nominees to The Walt Disney Company Board of Directors. In the video and a letter to shareholders, Blackwells outlines how they believe Disney should be using artificial intelligence and similar technology. Blackwells Suggests Disney Utilize AI for Characters and Theme … Read more
Disney has called upon one of its own characters, Professor Ludwig Von Drake, to inform shareholders how to vote as the proxy battle between the company and Nelson Peltz’s Trian Group rages on, according to The Hollywood Reporter. Disney Shares Video of Professor Ludwig Von Drake Teaching Shareholders ‘How to Vote’ Disney has released a … Read more
In a press release regarding their own nominees for The Walt Disney Company Board of Directors, investment firm Blackwells Capital took a shot at Nelson Peltz and Trian Group, stating they have not “offered a single strategic idea that would benefit shareholders.” Blackwells Capital and Disney Board Chief Investment Officer of Blackwells Capital Jason Aintabi … Read more