Disney is facing a board battle with activist investor Nelson Peltz, who is pushing for changes within the company. Peltz has been critical of Disney's performance and believes that the company needs to focus more on its core business.
One of the key issues in the battle is Disney's decision to split the roles of chairman and CEO, a move that Peltz opposes. He argues that this decision weakens the board's oversight of the company and could lead to potential conflicts of interest.
