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Disney And Ron DeSantis-Selected District Board Reach Settlement As Company Proxy Battle Looms


A Governor Ron DeSantis-selected special district board the oversees The Walt Disney Co.‘s Florida theme park properties has settled its litigation with the company.

“We are pleased to put an end to all litigation pending in state court in Florida between Disney and the Central Florida Tourism Oversight District,” Jeff Vahle, president of Walt Disney World Resort, said in a statement. “This agreement opens a new chapter of constructive engagement with the new leadership of the district and serves the interests of all parties by enabling significant continued investment and the creation of thousands of direct and indirect jobs and economic opportunity in the State.”

The board of the Central Florida Tourism Oversight Distruct approved the agreement in a meeting today.

The settlement does not apply to litigation that the company has against DeSantis over his move to strip the company of control of the theme park district.



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