Susane Arnold News Today

US and global media conglomerate Disney's board of directors has elected independent director Mark G. Parker as chairman of the board, effective following the annual meeting of shareholders.

Nelson Peltz wants the company to revamp its streaming business and focus on increasing profits. Disney wants shareholders to vote against his effort to get a seat on the board.

The company reiterates its two-year mandate for recently returned CEO as it faces proxy fight with activist investor Nelson Peltz.

Disney gets new chairman, rebukes billionaire investors attempt to join board. Disney named a new board chairman on Wednesday while continuing to fend off billionaire investor Nelson Peltzs bid to join.

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A proxy fight is brewing between Trian Fund Management and the Walt Disney Company as Trian looks to secure a board seat for its CEO Nelson Peltz

The Walt Disney Company Board of Directors has announced that Mark G. Parker, an independent director, was elected Chairman of its Board.

Disney board attempting to restore the company to a 21st-century golden age

The Walt Disney Company on Sunday tapped Bob Iger to return effective immediately as CEO and bring "renewed growth." The position was formerly held by Bob Chapek.

Disneys TV head Peter Rice, 56, was fired in an abrupt seven-minute meeting on Wednesday by CEO Bob Chapek because he didnt like him breathing over his shoulder.