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

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Disney shareholders have rallied behind longtime CEO Robert Iger.

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 This material may not be published, broadcast, rewritten or redistributed without permission.KSAT Community organ donor phone bank takes place on GMSA

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 442. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: AP - 🏆 728. / 51 Read more »