"Disney's Boardroom Showdown: Bob Iger's Triumph and Humbling Experience"
The battle for the future of Disney reaches a climax as Nelson Peltz and Trian Fund Management seek to secure board seats, potentially challenging CEO Bob Iger's leadership. If successful, Peltz could serve as a check on leadership, but if he falls short, Iger and the board will have dodged a dangerous trap. The stakes are high, with Disney's stock surging and Peltz criticizing issues like Iger's potential extended tenure and Disney's film strategy. The hard-fought battle has seen both sides recruit powerful allies and spend over $60 million, and even if Iger prevails, the discontent may linger, puncturing his aura of invincibility and infallibility.
