Iger's comment comes after billionaire Nelson Peltz lost his bid for a seat on the company board.
Nelson Peltz’s effort to shake up Disney’s board, hoping to get a seat on it for himself. When asked about the failed attempt to shake up leadership, Iger told CNBC’sthat he had no personal interests in fending off Peltz, and instead was focused on helping the company.
“On my side, not, meaning I was supporting the interests of the company, not my personal interests, and defending what the company and the board was doing. as opposed to defending myself against criticism from Nelson and the people who are backing him,” Iger said. Iger delved more into the decision to reject Peltz’s request for a board seat, explaining that he himself did not feel that it was necessary, nor did any of the other board members. He also argued that Peltz did not bring “any new ideas” to the company, nor would he have had an impact on the company that would be considered positive., who has spoken out against Iger several times in recent months. Iger says he simply ignores Musk’s comments and chooses not to “get distracted by those things.
The settlement reached last month dismissed the claims in state court, including a public records case brought by Disney against the district, according to a summary offered by the district during a board meeting on Wednesday.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Disney CEO Bob Iger Hopes to Continue Working with Taylor Swift for Future Concerts on Disney+Disney CEO Bob Iger expressed his hopes to continue working with Taylor Swift for future concerts on Disney+. The bidding for her latest concert film was competitive, but Disney emerged as the winner. As Disney aims to attract more subscribers, they plan to maintain their high-profile relationship with the pop-star.
Read more »
Nelson Peltz withholds votes from Disney CEO Bob Iger in proxy battleThe move is hardly shocking, given the acrimonious nature of the battle. In recent weeks, Disney has stepped up its attacks on Trian and Peltz.
Read more »
George Lucas backs Disney CEO Bob Iger in proxy fight with Nelson PeltzThe support from the George Lucas endorsement is key, because he’s Disney’s largest individual shareholder, but also because of his standing in…
Read more »
Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with Nelson Peltz's Trian PartnersJPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC's David Faber has learned.
Read more »
Disney CEO Bob Iger Reveals Cancellation of Weak ProjectsDisney CEO Bob Iger recently announced the cancellation of projects that were deemed not strong enough. Speculations arise regarding the potential shelving of Disney and Marvel projects. This video discusses the MCU films and series that may face cancellation. One long-gestating project, initially planned as a Disney+ series and later reconfigured into a feature film, has already been shot but remains incomplete.
Read more »
Disney Shareholders Vote to Keep Current Board, Putting Pressure on CEO Bob IgerDisney shareholders overwhelmingly voted for the current Disney board to stay intact, thwarting a campaign for change led by activist investor Nelson Peltz. CEO Bob Iger now must show investors he can follow through on a number of priorities, including improving box-office hits, getting streaming to profitability, clarifying ESPN's digital strategy and choosing a successor.
Read more »