Bob Iger’s next big challenge at Disney is activist investor Nelson Peltz

Bob Iger’s next big challenge at Disney is activist investor Nelson Peltz

Bob Iger will face yet another challenge as Disney (DIS) CEO — activist investor Nelson Peltz.

On Wednesday, Disney announced Nike executive chairman Mike Parker will take over Susan Arnold’s position as chairman of the board, and also recommended shareholders vote against Peltz in his efforts to win a seat on the company’s board.

“While senior leadership of The Walt Disney Company and its Board of Directors have engaged with Mr. Peltz numerous times over the last few months, the Board does…


Source link

About search

Check Also

Kenny Smith hasn't heard from Charles Barkley about retiring from broadcasting: 'We'll see' – Yahoo Sports

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *