She-Hulk star Tatiana Maslany won’t back down from her comments about Disney CEO Bob Iger that were made during the SAG-AFTRA strikes. But she seems somewhat sorry that she smashed the CEO of the company that produces her show.
09.04.2024 - 21:31 / variety.com
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.
The highest totals were received by Disney’s two newest directors, appointed last November — Morgan Stanley executive chairman James Gorman (98%) and former Sky CEO Jeremy Darroch (96%) — and former Cisco and Google exec Amy Chang (96%). Disney CEO Bob Iger, as previously reported, received 94% of shares voted in his favor.
The lowest vote totals in favor of their reelection were the two incumbent Disney board members targeted by Peltz’s Trian Partners for removal — Maria Elena Lagomasino (63%) and Michael Froman (88%) — alongside Disney chairman Mark Parker (88%). Peltz, head of hedge fund Trian Partners, whose holdings include 30 million shares owned by ex-Marvel Entertainment chair Ike Perlmutter, garnered 31% of shares voted in his favor.
Jay Rasulo, the former Disney CFO whom Trian also had nominated for a board seat, won 12% of votes cast in his favor. Although Peltz lost the proxy fight, he warned that he would take up the crusade again if Disney didn’t follow through on its pledges, including to move quickly on the CEO succession process to name a replacement for Iger (whose contract extension is up at the end of 2026).
“We will watch like we did last time,” Peltz said in an interview on CNBC on April 4. “We’ve got a new set of promises, and I hope they keep them… but if they don’t, you’ll see me again.” Meanwhile,
.She-Hulk star Tatiana Maslany won’t back down from her comments about Disney CEO Bob Iger that were made during the SAG-AFTRA strikes. But she seems somewhat sorry that she smashed the CEO of the company that produces her show.
Zack Sharf Digital News Director “She-Hulk” star Tatiana Maslany went viral during the SAG-AFTRA strike last year when she called out Disney CEO Bob Iger for being “completely out of touch” due to his controversial comments about the Hollywood work stoppage. That “She-Hulk” was a Disney-backed Marvel series streaming on Disney+ only drew more heightened attention to her Iger call out.
The Walt Disney Co. has released the official vote totals from its April 3 annual shareholder meeting, the event that featured the culmination of a proxy fight waged by Nelson Peltz.
Todd Spangler NY Digital Editor Some subscribers to Disney‘s streaming services will start seeing some new messaging up this summer: Pay up for anyone outside your main household who’s illicitly piggybacking on the services — or face potentially getting disconnected. According to Disney chief Bob Iger, the Mouse House this June will “be launching our first real foray into password sharing” enforcement.
One day after Bob Iger faced questions about Disney‘s competitive position vs. Universal in the Orlando theme park game, there came more information today about a significant expansion of Walt Disney World.
Todd Spangler NY Digital Editor Trian Partners founder Nelson Peltz has accepted defeat — for now. Peltz, a day after the activist investor lost a costly proxy battle with Disney, went on CNBC’s “Squawk on the Street,” Thursday to discuss what happened. “The shareholders have voted.
Activist investor Nelson Peltz, reflecting on his losing proxy battle with Disney, says he will “watch and wait” to see if the company keeps its promises.
Disney investors backed Iger and other company directors, defeating a campaign by activist investors including Nelson Peltz who argued that Disney had underperformed in the streaming-television era.“The proxy vote was a decisive, true endorsement of the board,” he said, playing down criticisms of the activist investors and saying that the company was focused on succession – one of the major tasks facing the board of Disney.Asked about criticism from billionaire Elon Musk, who had backed Peltz in the proxy battle, Iger said: “I ignore it.”
Todd Spangler NY Digital Editor A day after Disney declared victory over activist investor Nelson Peltz, CEO Bob Iger said the board is proceeding with “urgency” in trying to identify the next chief executive with the “distraction” of the proxy fight over. “This was decisive in terms of how shareholders voted,” Iger said in an appearance Thursday morning on CNBC from Disney’s Burbank, Calif., headquarters, about the results of the April 3 meeting. Succession “is the board’s No.
After Disney declared victory in its proxy battle with activist investor Nelson Peltz, CEO Bob Iger went on a theme-park offensive during the company’s annual shareholder meeting.
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.
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.
Disney has succeeded in barring Nelson Peltz from its board of directors as shareholders at the company’s hotly anticipated annual meeting today voted for the company’s slate of 12 nominees. It was a months-long bitter and costly fight.
Todd Spangler NY Digital Editor Disney had won enough of the shareholder votes cast for its 12 board candidates as of Tuesday evening to successfully defeat an aggressive, months-long proxy fight waged by Nelson Peltz‘s Trian Partners hedge fund, Reuters reported, citing anonymous sources. Enough votes had been cast as of Tuesday evening to put Disney’s board directors “safely ahead” of Trian’s two nominees for the board — Peltz and ex-Disney CFO Jay Rasulo — per the Reuters report. In addition, the three board candidates proposed by investment firm Blackwells Capital failed to win enough votes, according to the report.
The minutes are ticking down to the close of Disney’s bitter proxy fight with Nelson Peltz, whose attempt to scale the board is a direct challenge to CEO Bob Iger.
Oscar winner John Ridley has some choice words for Nelson Peltz, the activist investor who’s trying to land two seats on the board of the Walt Disney Co.
Elon Musk made an April Fools’ joke yesterday that he had accepted a job at Disney to help make their content “more woke”.The Tesla CEO took to X, the social media platform formerly known as Twitter that he also owns, to make the spoof announcement.“Excited to join @Disney as their Chief DEI Officer,” he wrote. “Can’t wait to work with Bob Iger & Kathleen Kennedy to make their content MORE woke! Even the linguini.”Excited to join @Disney as their Chief DEI Officer.
Todd Spangler NY Digital Editor Disney and CEO Bob Iger have pulled into the lead for their 12 board candidates to win reelection — with activist investor Nelson Peltz trailing — with more than half of shareholder votes cast ahead of the Mouse House’s April 3 annual meeting, according to the Wall Street Journal. Two of Disney’s institutional investors — BlackRock (which owns about 4.2% of outstanding shares) and T. Rowe Price (0.5%) — support the company’s own slate of directors, which include Iger, per the Journal, citing anonymous sources.
Disney may have nudged Nelson Peltz farther from its board as giant BlackRock is said to be backing the company’s slate of directors. The firm is Disney’s second-largest shareholder at about 4.2%.
Todd Spangler NY Digital Editor Usually, shareholder votes for corporate board directors have all the suspense of a Soviet-style election. Most of the time, director candidates are backed by the company, and they run unopposed — winning election or reelection in a landslide. In 2022, only 75 board-endorsed candidates at companies in the Russell 3000, less than 0.5% of almost 17,500 board members on the ballot that year, failed to get elected by shareholders, per an analysis by the Harvard Law School Forum on Corporate Governance (which also noted that, while small, the number had dramatically risen vs.