All articles tagged with #board dispute
The former chair of Ben & Jerry's, Anuradha Mittal, accused Magnum of threatening to smear her publicly to force her resignation amid a dispute over the brand's independence and social mission, highlighting ongoing tensions following Magnum's acquisition of the company from Unilever.
Proxy advisory firm ISS recommended adding activist investor Nelson Peltz to the Disney board, prompting a strong rebuttal from Disney's chairman and a statement of support from Laurene Powell Jobs, a major Disney shareholder. The dispute centers on Disney's succession plans and Peltz's potential role on the board. ISS cited flawed succession planning at Disney as a reason for supporting Peltz, while Disney defended its current board and CEO Bob Iger, emphasizing Iger's leadership and vision for the company's future.
Esa-Pekka Salonen, the music director of the San Francisco Symphony, has announced his decision to step down when his contract expires next year, citing differences with the orchestra's board over cost-cutting measures and programming shifts. Salonen, known for his innovative approach to music and technology, expressed that he no longer shares the same goals for the institution's future as the board does. The split highlights the challenges faced by symphony orchestras in the wake of the pandemic and raises questions about the orchestra's ability to achieve Salonen's expansive vision.