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
Proxy advisory firm Egan-Jones is the second to endorse Trian Partners’ Nelson Peltz for a seat on The Walt Disney Company Board of Directors. Egan-Jones Supports Nelson Peltz “We see very little downside and a lot of upsides in putting the Trian nominees on the board,” Egan-Jones said, citing an “apparent lack” of a long-term … Read more
Influential proxy advisory firm Institutional Shareholder Services (ISS) recommends The Walt Disney Company shareholders vote for Nelson Peltz to join the Disney Board of Directors. ISS Supports Nelson Peltz for Disney Board In a report released on Thursday, ISS states Disney has “failed” in creating a succession plan for the CEO position. Current-and-former Disney CEO … Read more
Shanghai Disney Resort announces plans for a new attraction, Disney California Adventure adds new turnstiles with MagicBand+ touchpoints, and Disney breaks down their $60 billion investment in the theme parks — all this and more in today’s daily recap for Sunday, March 10, and Monday, March 11, 2024. Walt Disney World EPCOT Disney’s Hollywood Studios … Read more
Disney released a new video on VoteDisney.com encouraging shareholders not to vote for Nelson Peltz and Jay Rasulo, Trian’s nominations for Disney’s Board of Directors. Disney Attacks Nelson Peltz, Jay Rasulo, & Ike Perlmutter The video asks, “What’s the harm of letting activist investor Nelson Peltz or Jay Rasulo have a seat on Disney’s Board?” … 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
The Walt Disney Company has set the date for their 2024 meeting of shareholders, according to Variety. Disney Sets Date for Annual Meeting of Shareholders The meeting will be held on April 3, 2024, with all shareholders on record as of February 5, 2024 allowed to vote during the meeting. Per Variety, Disney addressed shareholders … 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
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
For the third year in a row, CNBC‘s Alex Sherman asked past and current media executives to make predictions about the media landscape in 2024. Predictions shared in Sherman’s 2022 roundup included the returns of Kevin Mayer and Tom Staggs to Disney, CEO Bob Iger extending his contract, and CFO Christine McCarthy leaving the company … Read more