The Wall Street Journal
, in which he claimed his exit was not part of the previously announced company-wide redundancy plan, as Disney had claimed, but was fired for clashing with execs. Perlmutter has long been known to have frosty relations with Iger and Feige. “I have long expected that my working relationship with Disney would end,” Perlmutter said in the statement. “That it should come as a result of my trying to help Disney improve its business should sadden many shareholders as it does me, the company’s largest individual shareholder. Despite my employment termination, I will continue to hold my shares of Disney and continue to seek improvements at the company for the benefit of all stakeholders.
“Trian CEO Nelson Peltz has a long history of improving shareholder returns at many leading consumer businesses. I believe he could have done the same for Disney as a member of its board. It’s a disappointment for me and I believe many fellow shareholders that he wasn’t welcomed to the board and that it took the threat of a proxy contest for the board and management to begin to act.
Perlmutter, who sold Marvel to Disney for $4 billion and holds about $3 billion in Disney shares, said that despite his “employment termination,” he would continue to hold his Disney stock and “seek improvements” for shareholders. “I wish only the very best for Disney stakeholders – its employees around the world, its millions of devoted fans and customers, its brilliant creators and contributors, and its many shareholders, like me.
haciendomovidas
The former chairman of Marvel Entertainment and largest individual shareholder in Disney went public with his complaints about the company’s direction, saying it should “sadden” investors in the company that he is gone