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Disney shareholders reject activist investor Nelson Peltz s board nominees

Disney shareholders reject activist investor Nelson Peltz s board nominees
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Disney board fight: Iger claims victory

Walt Disney shareholders backed Chief Executive Bob Iger and other company directors on Wednesday, defeating a campaign by activist investors who argued the storied entertainment giant had underperformed in the streaming-television era.

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Disney shareholders reject activist investor Nelson Peltz s board nominees

Disney shareholders reject activist investor Nelson Peltz s board nominees
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Disney prevails over Peltz, ending bitter board battle

Iger received the backing of 94% of voting shareholders. Peltz was supported by 31%.

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Disney Wins Proxy Battle, Shares Fall

Walt Disney fended off a challenge from activist investors as shareholders voted for Disney’s full slate of 12 candidates to sit on the board.

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