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23.05.2024 / 18:17

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Disney Director, Succession Planner & Longtime Morgan Stanley Chief James Gorman To Exit As Investment Bank Chair After Smooth CEO Handover There

Disney director James Gorman, who retired as CEO of Morgan Stanley in January after a smooth succession process, will also be stepping down as executive chairman of the financial giant.

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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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Disney’s Proxy Fight with Nelson Peltz Ends But Scrutiny Will Persist: ‘We Have Turned the Corner,’ Bob Iger Declares in Pre-Taped Victory Lap

Cynthia Littleton Business Editor In the end, Bob Iger didn’t have to break a sweat to fend off Nelson Peltz. No question, Disney did have to spend tens of millions of dollars to fight the proxy battle with the activist investor, which came to a head on Wednesday with the Mouse House’s annual shareholders meeting.

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Disney D-Day: Bob Iger Celebrates Board Battle Win & End Of “Distracting Proxy Contest”; Nelson Peltz “Disappointed” Then Tries To Spin It Into A Win

Scoring a big and costly win Wednesday against Nelson Peltz’s second attempt to get on the Disney board, Bob Iger was both gracious and a little biting in victory.

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Disney Shareholders Officially Reject Nelson Peltz’s Board Bid in Big Win for CEO Bob Iger

Todd Spangler NY Digital Editor It’s official: Disney shareholders shot down activist investor Nelson Peltz‘s effort to win seats on the Mouse House’s board of directors. Investors voted to reelect all 12 of the company-backed board members, including CEO Bob Iger, ending the most expensive corporate proxy fight in history.

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Disney Says Leading Proxy Advisor ISS Made Bad Call Backing Nelson Peltz For Board

Disney pushed back on a report today by leading proxy advisory firm ISS recommending shareholders vote activist investor Nelson Peltz to the board, and withhold votes for company board nominee Maria Elena Lagomasino.

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Bob Iger Is A “Once-In-A-Generation Leader” Laurene Powell Jobs Says In Steely Rebuke To Proxy Advisory Firm Advice That Nelson Peltz Join Disney Board – Update

(Updated with Laurene Powell Jobs statement) The fight for the future of the Walt Disney Company got very fast and furious this morning.

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Disney Notches Win Against Nelson Peltz As Influential Proxy Advisory Firm Backs Company’s Board

Proxy advisory firm Glass Lewis has recommended that Disney shareholders withhold votes for all board candidates except the company’s own.

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Disney Reinstates Dividend, Amends Bylaws Amid Push By Nelson Peltz For Board Seat

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.

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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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Bob Iger Says Succession “At The Top Of The List” Of Things He’s Focused On At Disney

Disney CEO Bob Iger called succession top priority as he moves to turn the company around and, with the board, name a new chief executive before the end of his two-year contract.

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Disney To Reinstate Dividend By Year End

Disney CEO Bob Iger said the company has asked its board to reinstate the dividend by the end of the calendar year. The payouts, beloved by investors, especially Disney’s legion of retail shareholders, was stopped abruptly during Covid to conserve cash.

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Disney Elects Mark Parker Board Chairman, Replacing Susan Arnold; Activist Investor Nelson Peltz Also Seeking A Seat

Walt Disney has named a new chairman of the board chair and indicated it’s also in for a proxy fight as Nelson Peltz Trianon Group seeks a director’s chair for the activist investor in opposition to the company’s slate.

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A Christmas Story Christmas: new photos with star Peter Billingsley drop ahead of release on HBO Max

Fans who have waited nearly 40 years for a sequel to the hit holiday classic film A Christmas Story can rejoice.The first photos from the upcoming follow-up movie - A Christmas Story Christmas - have just been released, along with a new movie poster.'Here is your first look at #AChristmasStoryChristmas!' it reads on the Warner Bros. Pictures Instagram page on Wednesday, October 26, which sent out three photos taken from scenes in the upcoming movie.

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