"Disney Family Stands Firm with Bob Iger Against Activist Investors"
The grandchildren of Walt Disney and Roy O. Disney have publicly supported CEO Bob Iger and the current management of the Walt Disney Company in the face of a proxy fight with investment firms seeking to change the company's board. They emphasized the company's tradition of creating magic and storytelling, expressing opposition to the activist investors' nominations and highlighting the importance of preserving Disney's legacy. The family's support carries weight, as a similar shareholder revolt two decades ago was led by the late Roy E. Disney.