Last week, Disney unveiled a political-style attack ad aimed at Peltz and his co-nominee, former Disney chief financial officer Jay Rasulo, which blasted the former’s credentials.
The latest fight over the future of the Walt Disney Co. is headed into its home stretch, with the company’s April 3 shareholder meeting fast approaching. This is the moment when investors will decide whether to shake up the Disney board by voting to replace one or more of the Burbank entertainment giant’s directors with someone dissatisfied with its performance.
For example, Peltz’s missives frequently note that Disney has had a poor track record of succession planning, and even the company’s staunchest defenders would be hard pressed to argue with that assertion. Other critiques are less clear cut, but defensible.
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 slams proxy fight rival Nelson Peltz in political-style adDisney is stepping up its campaign against Nelson Peltz, warning shareholders that it would be 'destructive' to add the activist investor to the company's board.
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's Divisive 2023 Animated Movie Gets Disney+ Streaming Release DateWish is coming to Disney Plus.
Read more »
Disney gets a win in Nelson Peltz board fight. 2 other portfolio stocks mount comebacksEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Read more »
Wish Disney+ Release Date for Streaming DebutDisney has officially set the Wish Disney+ release date, confirming that the latest Disney animated film will arrive on the streamer.
Read more »
Nicola Peltz Beckham On 'Lola' & Building Her Dream Home With Brooklyn BeckhamYou may know her as Bradley in 'Bates Motel' or for her wedding to Brooklyn Beckham. But with the dark indie film ‘Lola,’ Nicola Peltz Beckham is ensuring you know her as something new: director.
Read more »