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Bob Iger-Ike Perlmutter Relationship Is “Irrelevant” To Proxy Fight, Activist Investment Firm Trian Says; Shareholder Rips Disney For Waging “Scorched-Earth Campaign” – Update
Disney's latest salvo in a proxy fight with activist investor Trian highlights "silent partner" Ike Perlmutter's "difficult history with Bob Iger."
Disney’s latest salvo in a proxy fight with activist investor Trian Fund Management highlights the firm’s “silent partner” Ike Perlmutter and his “difficult history with Bob Iger.” Trian “neglected to address Perlmutter’s well-chronicled, difficult history with Bob Iger and many Disneyemployees, which is a highly relevant consideration for shareholders,” in Disney’s view. Trian has noted his multiple reversals of previously stated plans to step down during his 14-year initial run as CEO, as well as his decision to hand control to Bob Chapek in 2020.
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