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Shareholders Meeting

All articles tagged with #shareholders meeting

business1 year ago

"Disney's Board Election Tally Reveals Strong Support for Majority of Candidates"

Disney released the official vote tallies from its 2024 shareholders meeting, with 9 of its 12 board candidates receiving more than 90% of shares cast in their favor. Activist investor Nelson Peltz, who sought two board seats, received 31% of shares voted in his favor, while Trian nominee Jay Rasulo received 12%. Despite Peltz's defeat, he warned of potential future action if Disney did not fulfill its pledges, including expediting the CEO succession process.

via Variety|
#activist-investor#board-of-directors#business
business1 year ago

"Disney CEO Bob Iger's Message of 'Renewed Strength' at Annual Shareholders Meeting"

Disney CEO Bob Iger expressed gratitude to shareholders at the annual meeting, emphasizing the company's renewed strength and ambitious growth strategy. He highlighted the positive impact of Disney's transformation, including plans to reinvigorate creativity at film studios, achieve sustained profitability in streaming, position ESPN as a digital sports platform, and turbocharge growth in Disney's Experiences business. Iger also discussed upcoming film releases and the expansion of Disney's streaming services, emphasizing the company's commitment to being a responsible global citizen.

via The Walt Disney Company|
#bob-iger#business#disney
technology1 year ago

"Tim Cook Announces Apple's Groundbreaking Plans for Generative AI"

During Apple's annual shareholders meeting, CEO Tim Cook announced plans to "break new ground" in generative AI in 2024, emphasizing its transformative potential for users. Despite shareholder rejection of a proposal for an AI transparency report, Apple's board and executive compensation plans were approved, with retirements and new appointments announced. Rumors suggest new generative AI features in iOS 18, while Cook has previously highlighted the company's significant investment in AI.

via MacRumors|
#ai#apple#generative-ai
automotive2 years ago

Elon Musk Teases Two New Tesla EVs in Development.

During Tesla's annual shareholder meeting, Elon Musk revealed that the company is currently designing and building two new electric vehicles. Musk claimed that the design and manufacturing techniques of the new products are superior to anything else in the industry. While he didn't provide many details, a rendering of one of the upcoming cars was shown on the screen behind him. However, Musk clarified that the meeting wasn't focused on new products, and a more official launch announcement will take place eventually.

via Robb Report|
#automotive#electric-vehicles#elon-musk
business2 years ago

Tesla's Shareholder Meetings and Events: Succession Plans, Cybertrucks, and Margins.

Tesla held its annual shareholder meeting in Austin, where shareholders rejected a proposal for a public succession plan for CEO Elon Musk and other key persons. Tesla teased two new electric vehicles, provided Cybertruck and Roadster updates, and announced JB Straubel as a board member. Musk also speculated that the next year will be difficult for the economy and that Tesla will try traditional advertising. He also reiterated his belief in Tesla's AI and predicted that the majority of Tesla's long-term value will be in its humanoid robot, Optimus.

via TechCrunch|
#ai#business#elon-musk
business2 years ago

Tesla's Annual Shareholders Meeting: Key Updates and Concerns.

Tesla is holding its annual Shareholders Meeting today, where shareholders will vote on director appointments, stockholder proposals, and special items. After the official items, Tesla's management will hold a presentation about the state of the company and take questions from shareholders. Shareholders are likely to ask about the state of Tesla's demand, recent price cuts, Cybertruck production, and Musk's commitment to the company. The meeting can be watched via livestream.

via Electrek|
#business#elon-musk#investor-day
business2 years ago

Berkshire Hathaway's Shareholder Meeting: Highlights, Outperformance, and Big Bets.

Berkshire Hathaway's annual shareholders meeting is taking place in Omaha this weekend, with shareholders able to pick up their credentials on Friday and attend a Q&A session with Warren Buffett and Charlie Munger on Saturday morning. The quarterly report will also be released on Saturday, with the shareholders' meeting starting at 4:30 p.m. on the same day. The event will include a picnic and a fun run on Sunday, as well as a shareholder-only shopping day at Borsheims.

via KETV Omaha|
#berkshire-hathaway#business#finance