Disney Responds To Unsolicited Nominations Of Nelson Peltz And Ex-Disney CFO James Rasulo To Board Of Directors, Defends Existing Board As “Highly Qualified”
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deadline.comDisney has formally responded to activist shareholder Trian Fund Management’s unsolicited nominations of Trian chief Nelson Peltz and former Disney CFO James Rasulo to the media giant’s board of directors.
The company acknowledged the nominations and also noted that Trian has teamed up with former Marvel Entertainment boss Ike Perlmutter.
The executive was pushed out of the company years ago by CEO Bob Iger. Rasulo also reported to Iger during the last years of his run as an executive, which lasted from 1986 to 2015.
For the last five years, he held the CFO title. In a statement (read it in full below), Disney said the board’s Governance and Nominating Committee, which evaluates all director nominations, will review the Trian nominees.
Read more on deadline.com
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