Disney Rejects Activist Board Nominees, CEO Iger's Pay Doubles
TL;DR Summary
Disney has rejected activist investor Nelson Peltz's nominees for its board, criticizing his approach to corporate governance. The company stated that Peltz's nominees lack expertise in the media and entertainment industry, and that his approach does not align with Disney's long-term interests. This move reflects Disney's resistance to shareholder activism and its commitment to maintaining control over its board composition.
Topics:business#activist-board-nominees#business#corporate-governance#disney#nelson-peltz#shareholder-activism
- Disney criticises Nelson Peltz as it rejects activist board nominees Financial Times
- Walt Disney Nominates 12 to Board of Directors, Says CEO Iger's Compensation Doubled in 2023 The Wall Street Journal
- Disney Formally Rejects Nelson Peltz’s Board Nominees; Iger’s Pay Hits $31.6M Hollywood Reporter
- Bob Iger made $31.6 million as Disney’s CEO last year CNN
- Disney tells shareholders to reject Nelson Peltz, other activists' nominees to board New York Post
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