nelson peltz
Ike Perlmutter reportedly dumps entire Disney stake after proxy loss, expects stock to keep plunging
Ike Perlmutter, one of Disney's largest independent shareholders, reportedly dumped his entire stake in the media giant after losing a bruising proxy fight against Mouse House CEO Bob Iger --...
Billionaire Nelson Peltz rakes in $1B after selling entire Disney stake following board fight: report
In April, Disney shareholders backed Chief Executive Bob Iger and other company directors after a multimillion-dollar, mud-slinging battle launched by Peltz and Blackwells Capital.
Disney's Bob Iger beats back activist investors to keep control of Mouse House after bitter battle
Iger received 94% of votes cast, while Disney director Maria Elena Lagomasino, whose seat Trian contested, won 63%. Peltz nabbed just 31%.
Disney, Bob Iger poised to win bitter board fight with billionaire Nelson Peltz
The tussle has been bitter and closely watched, serving as a referendum on Disney's efforts to reinvigorate its film and television franchises, make its streaming business profitable and find partners to...
Elon Musk sides with Nelson Peltz in his battle against common foe Disney CEO Bob Iger
"Nelson Peltz should definitely be on the Disney board!" Musk wrote on X before dawn on Wednesday.
Disney gets backing of largest shareholder to pull ahead of Nelson Peltz's Trian in fierce battle for board seats: report
With the votes of more than half of all shares counted, Disney has pulled ahead of Trian thanks to the backing of Vanguard, BlackRock and T. Rowe.
Hollywood is skeptical that Disney CEO Bob Iger will step down in 2026 as successor search continues
“It wouldn’t surprise me if he stays,” the Disney source said of Iger. “He is ageless and there aren’t many internal successors who are ready.”
Disney dealt stunning blow as activist investor lands big endorsement in bitter fight over who will help guide House of Mouse
The fight over who will help guide Disney, valued at $213 billion, is one of the year's most bitter and closely watched board battles.
Nelson Peltz to vote for Trump over Biden's 'really scary' mental condition: report
“It will probably be Trump and I’m not happy about that,” Peltz told the Financial Times in an interview, when speaking of the 77-year-old GOP frontrunner.
George Lucas backs Disney CEO in proxy fight with Nelson Peltz: 'Creating magic is not for amateurs'
Disney and Iger have been gathering the support of prominent figures who are well-known to individual investors.
Jamie Dimon backs Bob Iger as 'outstanding leader' amid Disney's proxy fight with Trian's Nelson Peltz
Peltz's Trian has argued that Disney has experienced "chronic underperformance" in its financials and directed the blame at its board.
Billionaire Nelson Peltz charged Wendy's $600K for security services: filing
Wendy's chairman and its largest shareholder, charged the fast-food giant nearly $600,000 in "security-related expenses" last year, according securities filings.
Billionaire slams Disney's investment plans as throwing 'spaghetti against the wall'
The home of Mickey Mouse is in a proxy battle with Peltz who has pushed the company to cut costs, create Netflix-like profit for its streaming business and clean up its succession...
Disney's Bob Iger bets on Taylor Swift, 'Fortnite' and football to fuel 'significant growth'
Disney is betting big on what's hot in pop culture right now -- namely, Taylor Swift, Epic Games' popular "Fortnite" vide game and football -- to set the stage "for...
Elon Musk backs fired 'Mandalorian' actress Gina Carano's lawsuit against Disney
Carano was let go by Disney in Feb. 2021 after implying on social media that being a Republican was akin to being Jewish during the Holocaust.
$3B Disney bet caused Nelson Peltz's hedge fund to underperform in 2023: source
The previously unreported details illustrate the high financial stakes for Trian as it seeks to shake up Disney's board in this year's highest-profile proxy contest.
Activist investor calls for Disney to hit ‘Netflix-like’ streaming margins
Activist investor Nelson Peltz called for Disney to “target and achieve Netflix-like margins,” and vowed to finalize a succession plan to replace CEO Bob Iger, according to a proxy filing...
Disney CEO Bob Iger's pay hits $31.6M as Mouse House struggles to rebuild
Disney CEO Bob Iger saw his pay hit $31.6 million in 2023, as the company struggles to rebuild itself and fend off activist investor Nelson Peltz.
Disney tells shareholders to reject Nelson Peltz, other activists' nominees to board
Disney directors said Nelson Peltz "had not actually presented a single strategic idea for Disney," and that his experience was not in the media or technology sector.
Disney reaches info-sharing deal with activist investor during proxy battle with Nelson Peltz
Activist investment firm ValueAct Capital Management agreed to back Walt Disney's board nominees at its upcoming shareholder meeting as the entertainment giant looks to fight off a proxy battle from...