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Tag: nelson peltz proxy battle with disney

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NEWS: Josh Gad and Former Disney Imagineer Back CEO Bob Iger in Contentious Proxy Battle

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The Walt Disney Company’s proxy battle is continuing to heat up.

The Walt Disney Company Building

The Walt Disney Company is in the midst of a proxy battle — and people have started voicing support for Disney. Currently, The company is facing off against activist investor Nelson Peltz, who is attempting to get a seat on the Board of Directors. We have seen Disney actively speak out against Pletz — going as far as releasing a video explaining why Peltz would not be a good fit for the company and urging investors to vote for the Disney-backed candidates instead. Since then, we have seen a number of celebrities show their support for Disney in this battle. [Read more…]

NEWS: Iger, Disney Release Scathing Video Against Activist Investors

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Disney is showing its teeth in the latest development of a very public proxy battle.

©Disney

Trian Partners, Nelson Peltz, and former Disney CFO Jay Rasulo are currently in a proxy battle with Disney over two seats on the Walt Disney Company’s Board of Directors. After Peltz and company publicly attacked current Disney CEO Bob Iger in a recent 133-page memo, Disney is firing back with its boldest denunciation of Peltz and Rasulo yet.

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NEWS: Disney Publishes Bold Campaign To Discredit Critics Ahead of Annual Shareholders Meeting

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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.

©Getty Images

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.

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NEWS: Bob Iger Sent a Video Message to Shareholders in Preparation for Proxy Battle

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Disney is no stranger to tough business battles.

©Disney | Walt Disney Company Headquarters

We’ve seen political controversy, attempted (and successful) mutinies, and outside proxy battles that could impact the future of the Walt Disney Company for years to come. Once again, Nelson Peltz and others have attempted to gain seats on Disney’s Board of Directors, with the Annual Meeting of Shareholders taking place in April. Disney is urging shareholders to vote for its nominees rather than outside candidates, and now Bob Iger is doing the same in a new video.

[Read more…]

Disney Uses Cartoon Character to Campaign Ahead of Annual Shareholder Meeting

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The Walt Disney Company is fighting several battles right now — and it’s preparing for one of its biggest yet.

©Disney

Nelson Peltz and others have pleaded their cases for seats on Disney’s Board of Directors, and it’s all coming to a head at the Annual Meeting of Shareholders taking place in April. Disney has urged shareholders to vote for its 12 nominees instead of outside candidates and the Company has enlisted an unlikely character to help in those efforts!

[Read more…]

Why April 3rd Is a BIG DAY for the Walt Disney Company

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The Walt Disney Company has had its fair share of headaches over the last year.

©Disney | Walt Disney Company Headquarters

From multiple lawsuits and less-than-stellar box office results to a second proxy battle for seats on Disney’s Board of Directors (waged yet again by Nelson Peltz), the Company has had to work hard to maintain investor support. And, that’s precisely why April 3rd is such a huge day for Disney.

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NEWS: Disney Says Outside Nominees for Board of Directors Would “Impede Leadership”

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The Walt Disney Company is getting ready for its 2024 Annual Meeting of Shareholders, and they’re pleading with stakeholders to support their nominations for the Board of Directors.

©Disney | Walt Disney Company Headquarters

Disney made it clear that they do not endorse the nominations of Nelson Peltz and former Disney CFO Jay Rasulo in their announcement, and now, a letter has been sent to shareholders urging them to vote against Peltz and Rasulo.

[Read more…]

NEWS: Disney Announces NEW Partnership To Strengthen Their Position in Proxy Battle

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Although 2024 has only just begun, The Walt Disney Company is already making some big moves this year.

Disney World

The date of Disney’s first shareholder meeting of 2024 has yet to be announced, but ahead of the meeting, Disney shared a major update.

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Investor Wants Disney to FIRE Board Member

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The Walt Disney Company is preparing for its annual shareholders’ meeting, where board members will vote on the next chairman.

©Disney | Walt Disney Company Headquarters

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.

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Who Is Nelson Peltz and Why Do People Care What He Says About Disney?

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Disney is in a proxy battle with an activist investor who is petitioning for a seat on the Board of Directors. And if that sentence thoroughly confuses you, we’re here to help you sort out exactly what’s going on with Nelson Peltz and Disney.

©New York Times Nelson Peltz of Trian Partners

You’ve likely seen many headlines over the last few days about Nelson Peltz, the Trian Group, and Disney. But who exactly is Nelson Peltz, and why does he care so much about Disney? Here’s a full, simple breakdown of the Peltz-Disney drama. [Read more…]

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