Blackwells Launches Proxy Fight, Seeks to Split Disney Into 3 Companies, & Criticizes Elon Musk

Blackwells Capital nominees Leah Solivan, Craig Hatkoff, and Jessica Schell

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 Using Professor Ludwig Von Drake to Show ‘How to Vote’ Ahead of April’s Shareholders Meeting, Advises Viewers Not to Vote for Trian & Blackwells Nominees

Ludwig Von Drake and Disney Board ballot

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

Nelson Peltz & Trian Publish White Paper of Recommendations for Disney Changes, Including a Board Seat for Himself

Nelson Peltz

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

The Walt Disney Company Reveals Nominees for Board of Directors Election, Recommends Shareholders Do Not Vote for Nelson Peltz & James Rasulo

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

Blackwells Capital Nominating Three Individuals to Disney Board of Directors

Blackwells Capital logo

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

Disney Defends ‘Experienced, Diverse, Highly Qualified’ Board in Response to Trian Nominating Nelson Peltz and James Rasulo

The Walt Disney Company logo featuring Mickey Mouse

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’s Nelson Peltz Pushing for Disney Board Seat Again

Collage of Nelson Peltz and Bob Iger

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

Guest Gets Bumped by Wheelchair and Waits at Exit for a Fight, Mark Parker Named New Disney Chairman, Updated Land Use Allows for More Walt Disney World Parks, & More: Daily Recap (1/11/23)

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

Disney Board Creates Committee to Find Next CEO

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

Josh D’Amaro Almost Quit Because of Bob Chapek, Christine McCarthy Called Iger in Secret, and More Revealed from Behind the Scenes of Disney’s CEO Shakeup

Nearly a month after Bob Chapek was forced out as Chief Executive Officer of the Walt Disney Company, more details have emerged surrounding what was taking place behind the scenes of the C-Suite shakeup that led to the return of Bob Iger at the helm. In an article by the Wall Street Journal, more details … Read more