food IS a theme park
Since Bob Iger returned as CEO of the Walt Disney Company, we all knew he’d be tasked with something extremely important: find and train his successor.
©Apple
It’s something he’s done once before, and that didn’t work out quite like Iger probably hoped. We’ve been keeping tabs on Disney’s search and done deep dives into multiple rumored candidates, but now, we have an update on just how this search is going.
The Walt Disney Company just held its Annual Meeting of Shareholders for 2024 and came out victorious in the battle for seats on the Board of Directors.
©Disney
Disney CEO Bob Iger referred to the proxy battle as a “distraction” during a question-and-answer session held after the meeting, where he also gave updates on several different areas of business — including a new trailer for Inside Out 2 and a new look at the Moana sequel. And, Iger yet again commented on Disney’s “woke agenda” in movies.
Plans are in the works for expansions at the Disneyland Resort, and that could potentially include a new Avatar-themed land!
Pandora: World of Avatar
During the initial reveal, Iger shared, “We have one Avatar-based land, Pandora, in Florida. We’re going to put a second one in California.” A land similar to what was created in Disney’s Animal Kingdom park in Disney World could make its way to California — and we’ve officially got our first idea of what it could look like!
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.
The Walt Disney Company headquarters in California
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.
The Walt Disney Company has been involved in a heated proxy battle with activist investor Nelson Peltz, who is 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.
The Walt Disney Company headquarters in California
Both Disney and CEO Bob Iger have urged shareholders to vote against Peltz and Rasulo, with some help from cartoon allies and Walt Disney’s own grandchildren. It all comes to a head at the Annual Shareholders Meeting, which is why tomorrow is such a big day for the Walt Disney Company.
For weeks, we’ve been watching the lead-up to Disney’s annual shareholders meeting.
Cinderella Castle
The Walt Disney Company has been in a proxy battle with activist investor Nelson Peltz and his company Trian Partners. Trian had put forth nominations for Peltz and former Disney finance chief Jay Rasulo to take two seats on Disney’s board of directors. Disney CEO Bob Iger has publicly spoken against these nominations, but now that we’re getting closer to the big meeting, we’re starting to see how the shareholders are voting!
The Walt Disney Company Annual Shareholders Meeting is happening on April 3rd, and it may change the company’s future forever.
©Getty Images
Disney has been involved in a heated proxy battle with activist investor Nelson Peltz, who is 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. And now, just two days ahead of the crucial meeting, a Disney board member is speaking out.
Disney has been caught in a number of battles lately, and now Bob Iger has spoken up on a few of them.
©Disney
When it comes to the Reedy Creek Improvement District drama and Disney’s battles with Governor DeSantis, Iger shared that some of DeSantis’ actions were “anti-business” and “anti-Florida.” And now Iger has responded to some more general criticism Disney has received about agenda-driven content.
Disney’s annual passes have changed a lot over the years, but we just got a big update on one pass type.
Enchantment
No, it’s not about the potential for sales of new Annual Passes in Disney World. And it’s not about the price increases that have hit Disney World’s Annual Passes or even the Annual Passholder lawsuits related to Park Passes. This update is about a particular pass type you may have never realized was an option a while ago.
We’ve been following the feud between The Walt Disney Company and Florida’s Governor Ron DeSantis, and recent times have yielded lots of interesting updates.
©Governor Ron DeSantis Website
A new Board of Supervisors appointed by Florida Governor DeSantis has met regarding the future of Disney’s Reedy Creek Improvement District (now called the Central Florida Tourism Oversight District) and they’ve recently discovered an agreement that was signed by Disney and the old Board that grants Disney quite a lot of power over certain decisions within the District moving forward. The new Board has threatened legal action and the Florida Governor has ordered an investigation into Disney’s agreements, all while Disney has defended the agreement. And now Disney CEO Bob Iger has commented on the situation.
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