food IS a theme park
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!
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.
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.
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.
For over a year now, Nelson Peltz has earned the title of “Bob Iger’s Biggest Villain.”
©The Walt Disney Company
Gaining important supporters and working to become part of the Walt Disney Company board of directors, Nelson Peltz has made a name for himself as the man who wants to take over Disney. He had recently acquired roughly 33 million shares of the Disney company, giving him lots of pull with the board. He has shared that when time comes in December, he’ll be on the hunt for more than just one seat at the board. But now, it turns out Nelson Peltz might have some competition.
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