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Michael Eisner

All articles tagged with #michael eisner

business1 year ago

"Former CEOs Rally Behind Bob Iger in Disney Proxy Battle"

Former Disney CEO Michael Eisner has publicly supported current CEO Bob Iger in the proxy battle against Nelson Peltz's Trian Fund Management, which aims to secure two seats on Disney's board. Eisner warned against bringing in outsiders to disrupt the company and emphasized the importance of experienced leadership. Despite some influential support for Peltz, including from proxy advisory firm ISS, Iger and Disney have garnered backing from notable figures such as Disney family members, George Lucas, and Laurene Powell Jobs.

business1 year ago

"Former Disney CEOs Rally Behind Bob Iger in Board Battle"

Former Disney CEO Michael Eisner voices support for current CEO Bob Iger and the company's board in their proxy fight with Nelson Peltz's Trian Partners, warning against bringing in someone without industry experience to disrupt leadership. Other high-profile figures, including George Lucas and the families of Walt Disney and Roy Disney, have also expressed support for Iger and the board, while influential advisory firm Institutional Shareholder Services recommended a vote for Peltz, posing a setback for Disney's board.

business2 years ago

"Bazooka Bubblegum Maker Sold for Record-breaking $700 Million"

Bazooka Candy Brands, known for its popular bubble gum and candies, has been sold for $700 million to private equity firm Apax Partners. The company was previously owned by Michael Eisner's private investment firm and private equity group Madison Dearborn Partners. Bazooka Candy Brands, which includes lollipop brands like Ring Pop and Push Pop, was originally part of The Topps Company Inc. before being acquired in 2007.