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Proxy Statement

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"Disney Rejects Peltz's Board Nominees, Iger's Pay Reaches $31.6M"

Originally Published 2 years ago — by Hollywood Reporter

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Source: Hollywood Reporter

Disney formally rejected Nelson Peltz's board nominees and put forward its own slate, while revealing Bob Iger's $31.6 million pay for fiscal 2023. The company cited ongoing commitment to a strong board and strategic growth initiatives. The preliminary proxy statement also detailed interactions with Peltz and Trian Group, reasons for rejecting their nominees, and progress in CEO succession planning. Additionally, Disney disclosed executive pay for former CEO Bob Chapek and former CFO Christine McCarthy, as well as the re-hiring of Brian Chapek, son of Bob Chapek, as a production executive at Marvel Studios.