Disney shareholders back CEO Iger, rebuff activist shareholders who wanted to shake up the company

FILE - Disney chief executive Bob Iger arrives at the 96th Academy Awards Oscar nominees luncheon on Feb. 12, 2024, in Beverly Hills, Calif. During the company's annual shareholder meeting Wednesday, April 3, 2024, investors will decide whether to back Iger, or grant two board seats to activist investor Nelson Peltz and his Trian Partners.

Iger was Disney’s public face for 15 years as chief executive before handing the job off to Chapek in 2020, a stretch in which Iger compiled a string of victories lauded in the entertainment industry and by Disney fans. But his second run at the job has not won him similar accolades. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.KSAT Community organ donor phone bank takes place on GMSA

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Disney shareholders back CEO Iger, rebuff activist shareholders who wanted to shake up the companyDisney shareholders have rallied behind longtime CEO Robert Iger. They voted Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney chief financial officer Jay Rasulo, who had sought seats on the company’s board. The entertainment giant had recommended a slate of directors that did not include Peltz or Rasulo.
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