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RARE PHOTOS: Disney shareholders rally behind ceo robert iger - The Real Truth

Robert Iger Disney Nelson Peltz Jay Rasulo Bob Chapek Trian Partners
Nelson Peltz is interviewed on Oct. 10, 2017 in Cincinnati. During the Disney company's annual shareholder meeting Wednesday, April 3, 2024, investors will decide whether to back Disney chief ex

Disney shareholders have shown their support for CEO Robert Iger by voting against activist investor Nelson Peltz and former Disney CFO Jay Rasulo, who were seeking seats on the company's board. The company had recommended a slate of directors that did not include Peltz or Rasulo.

The dissident shareholders aimed to replace Iger and align management pay with performance, as stated in a preliminary proxy filing. Despite their defeat, they claimed a victory of sorts, highlighting the positive changes Disney has made since Trian Partners started pushing for reforms in late 2023. These changes include adding new directors and announcing new operating initiatives and capital improvement plans for Disney's theme parks.

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