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Jay Rasulo Says “Disney Runs In My Blood”; Former Parks Chief With Activist Investor Nelson Peltz Not Out “To Fire The CEO”
Nelson Peltz and Jay Rasulo, who are fighting to get themselves elected to the Disney board against the company’s wishes, said today they’re not out “to fire the CEO.” Peltz of Trian Partners has been publicly bashing the company and Iger for a year. Rasulo hasn’t taken the stage publicly until today as the two […]
The queries — curated and read by a moderator seated at a conference table with the two men — served pretty much as setups for them to hit all their talking points, bashing executive pay, park prices, a wobbly studio, a “toxic” culture after so many reorgs, and, though they didn’t use the word, woke content that turns off Disney’s traditional family viewers. Trian basically claims the board is made of Iger patsies and holds no one to account, resulting in a lack of vision and a stock price that could be higer. He’s been funding a hugely expensive proxy fight and forcing Disney to spend back, lobbying shareholder not to elect the outsider candidates.
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