Nelson Peltz said today that his bitter proxy fight with Disney is “not about Mr. Iger, nor is it a referendum about his leadership” even as CNBC reported that his firm, Trian Partners, has withheld votes from the CEO, who is also a board nominee.
Trian didn’t respond to a request for comment. But the firm clearly feels it needs to walk a fine line between attacking Disney’s board, but not its rather popular CEO.
Publicly, Trian has been aggressively lobbying shareholders to withhold votes only from Disney board nominees Michael Froman and Maria Elena Lagomasio and back Peltz and former Disney executive Jay Rasulo instead.
The board has 12 members which will be the nominees who wind up with the most votes. Voting is ongoing and the tally will be unveiled at the company’s annual meeting April 3.
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