US and global media conglomerate Disney's board of directors has elected independent director Mark G. Parker as chairman of the board, effective following the annual meeting of shareholders.
Mark Parker to be the Chairman of The Walt Disney Company adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Nelson Peltz wants the company to revamp its streaming business and focus on increasing profits. Disney wants shareholders to vote against his effort to get a seat on the board.
Disney gets new chairman, rebukes billionaire investor s attempt to join board. Disney named a new board chairman on Wednesday while continuing to fend off billionaire investor Nelson Peltz s bid to join.