Disney and CEO Bob Iger take a victory lap after Nelson Peltz fails to secure seats on the board
After a heated battle for control, Nelson Peltz failed to secure seats on Disney's board by losing to Disney CEO Bob Iger.
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After a heated battle for control, Nelson Peltz failed to secure seats on Disney's board by losing to Disney CEO Bob Iger.
Disney proxy fight: Bob Iger wins, handing Nelson Peltz a defeat in push for board seats.
Disney shareholders will deliver a verdict later Wednesday in the company's long-running struggle over leadership at one of the spring's most costly and
Disney shareholders will deliver a verdict later Wednesday in the company's long-running struggle over leadership at one of the spring's most costly and closely-watched annual meetings. "The root cause of Disney's underperformance... is a board that is too closely connected to a long-tenured CEO and too disconnected from shareholder interests," Trian said in December.
Twenty-five years ago, independent filmmaker Kevin Smith made the leap to big-budget movies with a star-studded one. Its religious subject matter caused controversy before anyone even saw it. Today, it is not available on any streaming platform