The Walt Disney Company is preparing for its annual shareholders’ meeting, where board members will vote on the next chairman.
But, who the next chairman will be remains unclear, as Disney has been emblazoned in a proxy battle with activist investor Nelson Peltz. Peltz (and his firm the Trian Group) has shared he believes Disney has “lost its way” and that he’s the right man to lead them back. And now, we’ve got another update ahead of the shareholders’ meeting.