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Disney’s Proxy Fight with Nelson Peltz Ends But Scrutiny Will Persist: ‘We Have Turned the Corner,’ Bob Iger Declares in Pre-Taped Victory Lap
'We have turned the corner,' Disney CEO Bob Iger declared as he took a pre-taped victory lap after defeating activist investor Nelson Peltz.
As Iger narrated a video describing the company’s core operations and future plans, the message was crystal clear: Who else at this fraught moment for media is equipped to run the Walt Disney Co.? The cast of internal contenders to move in to Iger’s office is well known: Disney Entertainment co-chairs Dana Walden and Alan Bergman, ESPN chief Jimmy Pitaro and parks and experiences boss Josh D’Amaro. But the results of Wednesday’s shareholder vote, coupled with the way Disney insiders rallied around Iger in his hour of need, suggests that the next CEO hold that job will already know the route to the Rotunda executive dining room on day one.
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