Ike Perlmutter: Last News

Disney 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.

Disney today announced a cash dividend of $0.30 per share for the second half of its fiscal 2023, its first such payout since the dividend was halted three years ago during Covid.

Todd Spangler NY Digital Editor After activist investor Nelson Peltz announced his intention to renew his proxy battle to secure seats on Disney’s board, the company responded by alleging former Marvel Entertainment chairman Ike Perlmutter — who is in league with Peltz’s Trian Fund Management — has a personal grudge against Disney chief Bob Iger. In a statement responding to Trian’s announcement, Disney said that Perlmutter “was terminated from his employment by Disney earlier this year and has voiced his longstanding personal agenda against Disney’s CEO, Robert A.

Todd Spangler NY Digital Editor Nelson Peltz is renewing his fight to shake up Disney‘s board. Peltz’s Trian Fund Management investment firm, which owns about $3 billion in Disney stock, issued a statement Thursday that after the Mouse House’s board rejected Trian’s request for board seats, the hedge fund will “take our case for change directly to shareholders.” Trian is seeking two seats on Disney’s board, CNBC reported.

The Walt Disney Co. has added former Group CEO of Sky Jeremy Darroch and Morgan Stanley CEO James Gorman to its board of directors and said Francis A. deSouza plans to surrender his seat at the end of his term.

Isaac Perlmutter’s time at Disney had run its course and the former Marvel Entertainment chairman’s removal “was a necessary step in the direction of us creating a more efficient company,” CEO Bob Iger said. He said the decision was not due to Perlmutter’s support of activist investor Nelson Peltz.

Ike Perlmutter, who is generally someone who keeps a low profile, has made a rare public show of his dissatisfaction with Disney.

ABC News underwent a round of staff reductions on Thursday, with about 50 positions impacted as part of parent Walt Disney Co.’s companywide cuts.

A Disney spokesperson has confirmed to Deadline that Ike Perlmutter is out at the company. Note, Permutter oversaw the consumer products division of Marvel, and isn’t part of the Kevin Feige-led Marvel Studios.

Just days before getting ready to unveil the first movie in Phase 5 of the Marvel Cinematic Universe, Marvel Studios President Kevin Feige teased new details about what's to come.Ant-Man and the Wasp: Quantumania will be the first Phase 5 movie, followed by Guardians of the Galaxy Vol. 3 (May 5, 2023), The Marvels (July 28, 2023), Captain America: New World Order (May 3, 2024), Thunderbolts (July 26, 2024) and Blade (September 6, 2024).The 49-year-old Feige - who was somehow nearly fired by Marvel Entertainment head Ike Perlmutter in 2015 - discussed all of those projects and even more with Phase 5 projects like Deadpool 3 (November 8, 2024) and Fantastic Four (February 14, 2025)  in a wide-ranging interview with Entertainment Weekly.He also discussed the highly-anticipated Spider-Man 4 - a joint production between Sony Pictures and Marvel Studios - with Tom Holland returning after the events of the 2021 blockbuster Spider-Man: No Way Home.While it's unclear who is actually writing that Spider-Man sequel at this time, apparently the writers are already hard at work.

Bob Chapek, the Disney CEO who is under siege, hopefully does not watch much TV. If he does, he’ll see a succession of fellow CEOs who seem prone to self-destruction — Adam Neumann of WeWork, Travis Kalanick of Uber, Elizabeth Holmes of Theranos, etc. — portrayed on buzzy TV series. Viewing these shows back to back, the stolid Chapek might wonder whether the CEO is extinct as a folk hero.