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Disney Releases Official Vote Tallies from 2024 Shareholders Meeting, Showing 9 of Its 12 Board Candidates Each Received More Than 90% Shares Cast in Their Favor

Todd Spangler NY Digital Editor Disney released the official vote counts from its 2024 meeting of shareholders held April 3 — in which investors decisively defeated a campaign by activist investor Nelson Peltz to win a seat on its board. According to the votes disclosed in an SEC filing Tuesday, nine of the Disney-backed director candidates received more than 90% of the shares voted in their favor.

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Bob Iger’s Compensation Topped $31 Million For FY23; Disney Urges Shareholders To Support Its Board Nominees As Activists Circle

Disney CEO Bob Iger’s compensation totaled about $31.6 million for the company fiscal year ended Sept. 30. It includes most of the year. Iger returned to lead Disney in November of 2022.

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In Disney Board Fight, Nelson Peltz Will Nominate Himself and Ex-Disney CFO Jay Rasulo as Director Candidates

Todd Spangler NY Digital Editor Activist investor Nelson Peltz, who’s looking to shake up Disney‘s board, plans to nominate two directors as candidates for directors of the Mouse House’s board: Peltz himself, and former Disney CFO Jay Rasulo. Peltz’s Trian Fund Management said Thursday it submitted a notice of its intention to nominate the two independent director candidates at Disney’s 2024 annual shareholders meeting, expected to be held next spring.

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Disney Responds to Peltz’s Proxy Fight by Claiming Ousted Marvel Chairman Has ‘Longstanding Personal Agenda’ Against CEO Bob Iger

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.

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Activist Investor Nelson Peltz Will Take His Case to Get on Disney Board Directly to Investors

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.

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Disney Board Shuffle: Former Sky Chief Jeremy Darroch, Morgan Stanley CEO James Gorman Appointed Directors As Francis A. deSouza Plans To Surrender His Seat

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.

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Disney Names Morgan Stanley CEO James Gorman, Former Sky Chief Jeremy Darroch to Board of Directors; Francis deSouza Will Not Seek Re-Election

Jennifer Maas TV Business Writer Disney‘s board named Morgan Stanley CEO James Gorman and former Sky chief Jeremy Darroch as new directors Wednesday. Additionally, Disney has announced that board member Francis A. deSouza, former president and CEO of Illumina, will not stand for reelection at the company’s upcoming annual meeting, “as he pursues new opportunities in the technology sector that will require his full attention.” The news comes one day after Disney held a company-wide town hall featuring CEO Bob Iger and his top lieutenants discussing the state of the business.

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