Disney has been involved in a heated proxy battle with activist investor Nelson Peltz, who was petitioning to get multiple seats on the Company’s Board of Directors.
Trian Partners nominated Peltz and former Disney CFO Jay Rasulo to be elected to the Board, but Disney has made it clear they don’t endorse either candidate. It all came to a head during a vote at Disney’s 2024 Annual Shareholders Meeting, and now, we finally know who has come out as the victor in this long, drawn-out battle.Â