Disney has succeeded in keeping Nelson Peltz off its board of directors as more shareholders at the company’s hotly anticipated annual meeting today voted for the company’s nominees that for the two candidates put forward by Peltz’ investment firm Trian — Peltz himself...
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%.
The news, first reported in the Wall Street Journal, followed T. Rowe...
Disney pushed back on a report today by leading proxy advisory firm ISS recommending shareholders vote activist investor Nelson Peltz to the board, and withhold votes for company board nominee Maria Elena Lagomasino.
“We strongly believe that ISS reached the wrong conclusion in...
ISS, the most influential proxy advisory service, has recommended shareholders vote to put Trian’s Nelson Peltz on Disney’s board, saying the activist investor, “with his considerable experience on other boards and fiduciary duties owed to a large shareholding group, appears best positioned to...