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Disney's shareholder vote has become a contentious referendum on CEO Bob Iger, who has struggled to tame enormous problems that prompted his return in late 2022.
Disney's shareholder vote has become a contentious referendum on CEO Bob Iger, who has struggled to tame enormous problems that prompted his return in late 2022.
Amid a proxy battle with Trian Partners, Walt Disney gains traction as major investors like BlackRock and T. Rowe Price back Disney. This support boosts CEO Bob Iger amid efforts to resist Trian's board representation push. The outcome remains uncertain as shareholders cast votes ahead of the annual meeting.
The entertainment giant has secured the support of BlackRock, its second-largest shareholder
Other than “Avatar: The Way of Water,” Disney has not had a movie generate more than $1 billion since the last Star Wars movies in 2019.