Nelson Peltz, the Trian Management founder who is leading a proxy fight against the entertainment company, is targeting Disney board member Michael B.G. Froman in the battle. On Thursday, Peltz’s firm released a proxy form and began messaging Disney shareholders, urging them to withhold votes for Froman, and to vote for Peltz instead. Trian also…
Tag: disney
Possible Trial Proxy Contest at Disney
[As Disney’s former CEO Bob Iger returns, the company] is facing a proxy fight from activist investor Nelson Peltz and his fund Trian Partners. Trian has nominated Peltz to serve on the board. In a presentation published on Jan. 11, the investment firm described many of Disney’s challenges as “self-inflicted” and advocated for the entertainment…
Disney Board Adds Tech Exec Carolyn Everson in Agreement With Investor Dan Loeb
Disney added technology executive Carolyn Everson to its board of directors on Friday as part of an support agreement with activist investor and hedge fund investor Daniel Loeb and his company Third Point LLC after “a constructive dialogue.”Loeb, who acquired a 0.4% stake in Disney in August, worth at the time nearly $1 billion, had…
Hiltzik: Disney loses its grip over Florida politicians – Los Angeles Times
DeSantis and his fellows are threatening to revoke Disney’s near-dictatorial control over the 43-square-mile site of Walt Disney World and its related theme parks and resorts outside Orlando, the product of a deal that Florida’s then-Republican governor, Claude Kirk, signed into law in 1967. Is this threat plausible? That hinges on the question of whether…
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