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
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
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
The grandchildren of Walt Disney and Roy O. Disney shared open letters to shareholders in support of The Walt Disney Company, CEO Bob Iger, and the current Board of Directors in the proxy fights against Trian Fund Management and Blackwells Capital. The undersigned include Abigail Disney, who has been outspoken against the company in the … 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
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
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
Nelson Peltz of Trian Fund Management thinks The Walt Disney Company could achieve profitability in streaming by bundling ESPN+ with a larger player in the streaming arena like Netflix. Nelson Peltz Suggests New Streaming Profitability Plan for Disney Disney’s three streaming services are Disney+, ESPN+, and Hulu. They are currently available individually or bundled together. … Read more
In a press release regarding their own nominees for The Walt Disney Company Board of Directors, investment firm Blackwells Capital took a shot at Nelson Peltz and Trian Group, stating they have not “offered a single strategic idea that would benefit shareholders.” Blackwells Capital and Disney Board Chief Investment Officer of Blackwells Capital Jason Aintabi … 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
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 Tuesday, January 16, 2024. Walt Disney World EPCOT … 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
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, December 14, 2023. Walt Disney World EPCOT … 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