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Proxy Advisory Firm

All articles tagged with #proxy advisory firm

business1 year ago

"Nelson Peltz Gains Major Support in Disney Board Battle"

Proxy advisory firm ISS recommended shareholders elect Nelson Peltz to the Walt Disney board, dealing a blow to the entertainment conglomerate in a bitter battle over board seats. Peltz, a large Disney shareholder, is vying for two board seats and has garnered support from prominent business executives. The fight over who will help guide Disney, valued at $213 billion, has intensified as the annual meeting date approaches, with both sides rallying support and ISS arguing for more outside oversight to ensure Disney's future success after CEO Bob Iger leaves.

via New York Post |
#board-battle#business#disney
business1 year ago

"Disney's Proxy Battle: ISS Backs Nelson Peltz Against Board"

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.

via Deadline|
#board-dispute#bob-iger#business
business1 year ago

"Proxy Advisory Firm Backs Disney in Board Battle Against Nelson Peltz"

Proxy advisory firm Glass Lewis has recommended that Disney shareholders withhold votes for all board candidates except the company’s own, marking a significant win for Disney in its battle against Nelson Peltz's Trian Group. The firm cited "measurable shifts" in Disney’s strategy under CEO Bob Iger's leadership and advised stockholders to vote only for Disney’s 12 nominees at the upcoming meeting. Disney and Iger have been engaged in a bitter battle with Trian, with both sides vying for shareholder support amid differing visions for the company's future.

via Deadline|
#board-of-directors#business#disney