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 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
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