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
With over half of shareholder votes cast, Disney is winning their proxy battle against Nelson Peltz, according to the Wall Street Journal. A few days ago, the Wall Street Journal reported Nelson Peltz was ahead when 20% of votes were cast. Peltz aims to replace Maria Elena Lagomasino on the Disney Board of Directors. His … 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
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
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
Activist investor Nelson Peltz of Trian Fund Management wants two seats on The Walt Disney Company’s board of directors, Seeking Alpha reports. Trian Fund Management is one of Disney’s largest shareholders, with stakes valued at over $2.5 billion. Peltz and Trian previously pushed for him to have a seat on the board after Disney privately … 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, November 29, 2023. Walt Disney World Magic … Read more