Investment firm Trian Partners, led by Nelson Peltz, failed to secure enough votes to get a seat on Disney's board of directors. All 12 current board members, including CEO Bob Iger, were reelected. The official vote counts will be disclosed later.
Peltz, who runs an investment firm called Trian Partners , failed to get enough votes to get a seat on Disney ’s board of directors . Trian’s other nominee, Jay Rasulo, and three other nominees from Blackwells Capital also didn’t get enough votes, meaning that all 12 Disney current board members, including Iger, were reelected.
“Horacio Gutierrez, Disney’s senior EVP, chief legal and compliance officer, who oversaw the proceedings at the meeting, said that the preliminary vote tabulations showed Disney’s 12 directors had won reelection by a ‘substantial margin.’ He added that the official vote counts will be disclosed in the subsequent meeting minutes,” Variety’s article states.The Disney proxy battle centered around Peltz (who is also the chairman of the board of directors of Wendy’s) and Trian Partners attempting to bring “urgently needed change” to Disney’s boar
Nelson Peltz Trian Partners Disney Board Of Directors Vote Reelection
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