In a new video on VoteDisney.com, The Walt Disney Company CEO Bob Iger urges shareholders to vote for Disney’s Board of Director nominees, not the nominees from Trian Group and Blackwells Capital. Bob Iger Appears in New Video for VoteDisney “It has been a busy and challenging time since I returned to the company,” Iger … Read more
With an SEC filing, Blackwells Capital has officially launched its proxy fight with Disney, hoping to get three nominees on Disney’s Board of Directors and criticizing Nelson Peltz’s Trian Fund Management. Blackwells Capital’s Nominees As previously announced, Blackwells Capital has nominated former Warner Bros. and NBCUniversal executive Jessica Schell, Tribeca Film Festival co-founder Craig Hatkoff, … 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
Activist investor Nelson Peltz has published his “white paper” suggesting various improvements to The Walt Disney Company, including a Board seat for himself. Nelson Peltz Files White Paper The letter, sent to fellow shareholders, states investors have collectively lost almost $200 billion in the past three years as Disney’s stock price fell. Peltz and Trian … Read more
In a new report from Deadline, Trian Management’s Nelson Peltz has named two Disney Board members he wants to replace with himself and former Disney executive Jay Rasulo in his ongoing proxy fight for seats. Nelson Peltz Names Two Disney Board Directors He Wants Out In a new SEC filing today, Trian management is asking … Read more
After The Walt Disney Company announced their Board of Directors nominees and recommended shareholders do not vote for Nelson Peltz and Jay Rasulo, Peltz’s Trian Partners has officially begun a proxy fight to get Board seats. Trian, Nelson Peltz, and Disney Trian filed a preliminary proxy statement on Thursday, Variety reports. Trian is hoping to … Read more
The Walt Disney Company Board of Directors has revealed its slate of 12 nominees for election ahead of the 2024 Annual Meeting of Shareholders. The slate was filed today in preliminary proxy materials with the Securities and Exchange Commission, according to an official release. Disney Shares Board of Directors Nominees According to the release, the … Read more
Investment firm Blackwells Capital LLC intends to nominate three individuals for Disney’s Board of Directors at the 2024 Annual Meeting of Shareholders this spring, The Walt Disney Company shared in a statement. Disney defended their current Board, calling them an “experienced, diverse, and highly qualified Board that is focused on the long-term performance of the … Read more
The Walt Disney Company has released a statement responding to Trian Fund Management nominating their founder Nelson Peltz and former Disney CFO James Rasulo to the company’s Board of Directors. Disney defended their current Board, calling them “experienced, diverse, and highly qualified” and “focused on the long-term performance of the Company, strategic growth initiatives including … Read more
Trian Fund Management has nominated Nelson Peltz and James Rasulo to The Walt Disney Company Board of Directors. Peltz is Trian’s founder, while Rasulo is Disney’s former Senior Executive VP and CFO. James “Jay” Rasulo joined Disney in 1986. He was EVP, then President, then Chairman of Disneyland Paris from 1998 – 2000. He became … Read more
The Walt Disney Company Board of Directors has amended their bylaws regarding the “nominations of directors by outside parties,” per Variety. The altered policies have been implemented as activist investor Nelson Peltz of Trian Fund Management seeks two seats on the company’s board. The Walt Disney Company Board Amends Bylaws The Walt Disney Company Board … Read more
This morning, we reported that Nelson Peltz and Trian Fund Management were pushing for two seats on The Walt Disney Company Board of Directors. Trian later released a statement (via Business Wire) stating they spoke with Disney CEO Bob Iger and that Disney offered to meet with Trian but said they were turning down their … Read more
The Walt Disney Company Board of Directors has appointed two new directors. James P. Gorman is Chairman and Chief Executive Officer of Morgan Stanley and his appointment will be effective on February 5. Sir Jeremy Darroch is a veteran media executive and former Group Chief Executive of Sky and his appointment will be effective on … Read more
As Disney stock drops to its lowest price in nine years, Nelson Peltz is once again planning to push for seats on the company’s Board of Directors, unnamed sources told the Wall Street Journal. Peltz is a founder and CEO of Trian Fund Management, one of Disney’s largest shareholders, with stakes valued at over $2.5 … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Wednesday, January 11, 2023. Walt Disney World Magic … Read more
Mark Parker, the newly appointed chairman of The Walt Disney Company Board of Directors, will lead a committee specifically created to find Bob Iger’s replacement for CEO. The press release about Parker’s appointment states, “Mr. Parker will also chair a newly created Succession Planning Committee of the Board, which will advise the Board on CEO … Read more