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
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 Thursday, January 18, 2024. Walt Disney World Magic … 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
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 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
Former Marvel Entertainment Chairman Isaac “Ike” Perlmutter has handed voting power for his Disney shares over to Nelson Peltz’s Trian Fund Management as Peltz pushes for a seat on the Disney board again, the Wall Street Journal reports. Peltz, founder and CEO of Trian Fund Management, is one of Disney’s largest shareholders, with stakes valued … 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
The Walt Disney Company shared a statement saying they “appreciate the decision” by Nelson Peltz and the Trian Group to stop pushing for Peltz to be on the company’s board, ending the “proxy war” between the two. Peltz and Trian Group had been pushing to have him replace Michael Froman on the Disney board of directors. When … 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
The Walt Disney Company is planning to expand their board of directors from 11 to 12 with tech executive Carolyn Everson. Everson has been a top executive at Facebook and Instacart. Disney’s move to expand the board is supported by Third Point LLC, an investor that took a large stake in Disney in August. Third … Read more
Disney’s Board of Directors is meeting in Florida for their annual retreat, where they will be discussing serious matters involving the company, according to Los Angeles Times. Disney’s CEO, Bob Chapek, is a member of this board, and it’s rumored that Chapek’s contract may be one of the talking points for this meeting. From saving … Read more
In an official statement, The Walt Disney Company’s board backed CEO Bob Chapek and his leadership. Susan E. Arnold, chairwoman of the board, said in the statement to the New York Times, “The strength of the Walt Disney Company’s businesses coming out of the pandemic is a testament to Bob’s leadership and vision for the … Read more