Page 12 - Jay Rasulo News Today

Disney shareholders rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney chief financial officer Jay Rasulo, who had sought seats on the company’s board.

Bob Iger successfully convinced shareholders to vote for his preferred board during Disneys annual shareholder meeting on Wednesday.

The company recommended a slate of directors that did not include Nelson Peltz or Jay Rasulo.

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The vote took place during Disney's annual meeting. Disney has won a proxy fight with an investor as shareholders re-elected all 12 directors during the company's annual meeting on Wednesday.

Entertainment giant wins the support of enough investors to see off proxy battle

The dissident investors said in a preliminary proxy filing that they wanted to complete a successful CEO succession at Disney and update pay.

Disney CEO Bob Iger faced an aggressive challenge by activist investors seeking to take the Magic Kingdom in a new direction at a shareholder meeting Wednesday.

With Walt Disney’s months-long proxy war with activist investor Nelson Peltz in the rear-view mirror, attention is refocused on finding CEO Bob Iger’s successor. The board has...

The tally is in and Disney has fended off Nelson Peltz as shareholder voted to install the company's board nominees, not the activist investor.