The Walt Disney Company is no stranger to criticism. Disney is in the middle of two major lawsuits with Florida Governor Ron DeSantis, all while facing opposition from activist investor Nelson Peltz and his ally, former Disney CFO Jay Rasulo. Disney’s annual shareholders meeting will take place on April 3rd, 2024, and ahead of the meeting, both Disney and Peltz have been campaigning for control of the Board of Directors.
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On April 3rd, Disney shareholders will have the opportunity to vote for the new members of Disney’s Board of Directors. Nelson Peltz hopes to make significant changes to Disney’s current Board, but Disney has made it clear they do not endorse Peltz’s ideas. Disney has taken a hard stance against Peltz and his allies and even went so far as to publish an eight-point page debunking Peltz’s claims. Let’s see what Disney has to say.