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Walt Disney and investor activist Nelson Peltz to face off on boardroom seat

Walt Disney Co. and investor activist Nelson Peltz will face a boardroom battle after the home of Mickey Mouse denied the billionaire a seat on the board. Peltz, who co-founded Trian Fund Management, petitioned to join the board after criticising Disney's management in what could become a public debate over CEO Bob Iger's leadership. He criticised Disney for failing to plan properly for its succession, overspending on 21st Century Fox and "over-the-top" compensation packages.
United States Bbob Iger Nelson Peltz Daniel Loeb Walt Disney Co Trian Fund Management

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