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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 - variety.com
variety.com
09.04.2024 / 21:31

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.

Bob Iger Says Netflix-Like Password Sharing Plan On Disney+ Will Start In June – Update - deadline.com
deadline.com
05.04.2024 / 18:39

Bob Iger Says Netflix-Like Password Sharing Plan On Disney+ Will Start In June – Update

UPDATED with new exec comments. Disney CEO Bob Iger has offered more precise timing for Disney’s previously announced plan to crack down on password sharing on streaming flagship Disney+, saying it will start rolling out in June.

Nelson Peltz Warns He’ll Be Back If Disney Fails to Keep Its ‘Promises,’ Suggests His Firm Has Made About $1 Billion on Its Investment in the Company - variety.com
variety.com
04.04.2024 / 21:27

Nelson Peltz Warns He’ll Be Back If Disney Fails to Keep Its ‘Promises,’ Suggests His Firm Has Made About $1 Billion on Its Investment in the Company

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.

Peter Bart: Bob Iger’s Proxy War Victory Recalls Corporate Skirmishes Of Hollywood Past - deadline.com
deadline.com
04.04.2024 / 19:51

Peter Bart: Bob Iger’s Proxy War Victory Recalls Corporate Skirmishes Of Hollywood Past

It had all the elements of a good action movie – jeopardy, revenge, a mega budget – with even some casualties thrown in (albeit corporate).

After Losing Disney Proxy Fight, Nelson Peltz Claims About $1B In Profit On Stock Gains; Won’t Rule Out A Third Effort To Shake Up Board - deadline.com
deadline.com
04.04.2024 / 17:57

After Losing Disney Proxy Fight, Nelson Peltz Claims About $1B In Profit On Stock Gains; Won’t Rule Out A Third Effort To Shake Up Board

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 to crack down on password-sharing after CEO Bob Iger wins board fight - nypost.com
nypost.com
04.04.2024 / 15:13

Disney to crack down on password-sharing after CEO Bob Iger wins board fight

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.”

Bob Iger, After Winning Fierce Proxy Fight, Says Disney Board’s No. 1 Priority Is CEO Succession: ‘They’re Treating It With a Sense of Urgency’ - variety.com
variety.com
04.04.2024 / 15:09

Bob Iger, After Winning Fierce Proxy Fight, Says Disney Board’s No. 1 Priority Is CEO Succession: ‘They’re Treating It With a Sense of Urgency’

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.

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 - variety.com - city Anaheim
variety.com
03.04.2024 / 23:45

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.

Bob Iger Teases “Possible” New ‘Avatar’ Area At Disneyland, Says Idea That Disney Is Letting NBCU’s Epic Universe Invade Its Orlando Turf “Couldn’t Be Further From The Truth” - deadline.com - Florida
deadline.com
03.04.2024 / 20:11

Bob Iger Teases “Possible” New ‘Avatar’ Area At Disneyland, Says Idea That Disney Is Letting NBCU’s Epic Universe Invade Its Orlando Turf “Couldn’t Be Further From The Truth”

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.

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 - deadline.com
deadline.com
03.04.2024 / 19:01

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.

Disney Fends Off Nelson Peltz After Bitter Proxy Fight As Shareholders Back Company Board - deadline.com
deadline.com
03.04.2024 / 17:35

Disney Fends Off Nelson Peltz After Bitter Proxy Fight As Shareholders Back Company Board

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.

Disney Has Enough Votes to Defeat Activist Investor Nelson Peltz’s Board Candidates: Report - variety.com
variety.com
03.04.2024 / 13:45

Disney Has Enough Votes to Defeat Activist Investor Nelson Peltz’s Board Candidates: Report

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.

Elon Musk Backs Nelson Peltz In Disney Proxy Fight After Polls Close - deadline.com
deadline.com
03.04.2024 / 09:07

Elon Musk Backs Nelson Peltz In Disney Proxy Fight After Polls Close

Elon Musk is backing Nelson Peltz in the proxy battle for the future of Disney.

As Disney Proxy Fight Nears End, Succession Saga Will Keep Heat On Bob Iger Regardless Of Shareholder Vote Tally - deadline.com
deadline.com
03.04.2024 / 01:59

As Disney Proxy Fight Nears End, Succession Saga Will Keep Heat On Bob Iger Regardless Of Shareholder Vote Tally

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.

Deadline’s Doc Talk Podcast: John Ridley Goes Off On Nelson Peltz, Disney Board Suitor; Plus, The ‘Happiest’ Documentary At True/False - deadline.com - state Missouri - Bhutan
deadline.com
03.04.2024 / 01:15

Deadline’s Doc Talk Podcast: John Ridley Goes Off On Nelson Peltz, Disney Board Suitor; Plus, The ‘Happiest’ Documentary At True/False

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.

Disney’s Board Candidates Pull Ahead of Activist Investor Nelson Peltz With More Than Half Votes Cast: Report - variety.com
variety.com
02.04.2024 / 13:09

Disney’s Board Candidates Pull Ahead of Activist Investor Nelson Peltz With More Than Half Votes Cast: Report

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 Said To Be Edging Past Nelson Peltz In Proxy Fight Ahead Of Annual Meeting - deadline.com
deadline.com
02.04.2024 / 05:31

Disney Said To Be Edging Past Nelson Peltz In Proxy Fight Ahead Of Annual Meeting

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%.

Disney Board Showdown: What’s at Stake at Contentious 2024 Shareholder Meeting - variety.com - county Russell
variety.com
01.04.2024 / 15:07

Disney Board Showdown: What’s at Stake at Contentious 2024 Shareholder Meeting

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.

Pension Fund CalPERS Votes for Nelson Peltz and Jay Rasulo in Disney Board Battle: Report - variety.com - California
variety.com
31.03.2024 / 00:15

Pension Fund CalPERS Votes for Nelson Peltz and Jay Rasulo in Disney Board Battle: Report

William Earl CalPERS, the influential California pension fund, has voted to shake up the Disney board by backing the election of activist investors Nelson Peltz and Jay Rasulo who have waged a months-long battle with CEO Bob Iger and the incumbent board of directors. The California Public Employees Retirement System told Reuters that the fund had cast its vote for Trian Partners’ Peltz and Rasulo as alternative directors to join the Disney board,.

Disney Bruised In Board Vote Battle As Pension Fund CalPERS Backs Nelson Peltz & Ex-CFO - deadline.com - California - city Burbank
deadline.com
30.03.2024 / 21:43

Disney Bruised In Board Vote Battle As Pension Fund CalPERS Backs Nelson Peltz & Ex-CFO

Around 100 hours before the deadline for all Disney shareholders to cast their ballots in the acrid board clash between the Mouse House and activist investor Nelson Peltz, one of the country’s top pension funds just rolled its cannons onto the battlefield.

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