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Nelson Peltz Names Disney Directors He Wants Ousted In Proxy Fight
Nelson Peltz wants Disney shareholders to elect him and former Disney executive Jay Rasulo to the company’s board, and today he unveiled the two current directors he’d like unseated to make room. T…
“Given his broad experience and extraordinary career spanning both the public and private sectors, Mike brings a unique perspective that will be extremely valuable as we continue to build the future of Disney,” Iger said then. Trian had targeted Froman a year ago in a similar fight with Disney but one that Peltz dropped before the annual meeting after a newly returned Iger announced a sweeping restructuring. According to Disney, Peltz had not contributed “one strategic idea that would benefit shareholders” and that Rasulo had been out of the business for too long and would have an “outdated perspective,” and that since he was passed over for CEO in 2015 he’d have a hard time working constructively for Iger.
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