"George Lucas Supports Disney and CEO Bob Iger in Proxy Battle"

1 min read
Source: IGN
"George Lucas Supports Disney and CEO Bob Iger in Proxy Battle"
Photo: IGN
TL;DR

George Lucas, Disney's largest individual shareholder, has voiced his support for CEO Bob Iger and the company's board amid an ongoing proxy battle with activist investors, urging shareholders to re-elect the directors at the upcoming shareholder meeting. Lucas emphasized his confidence in Iger's leadership and Disney's long-term value, countering the pushback from activist investor groups seeking to replace current board members with their nominees.

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