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International Business Times
International Business Times
World
John BIERS

REVEALED: Disney wins proxy fight turning back activists | Vintage Vibes

Disney Bob Iger Trian Company Nelson Peltz Eisner Blackwells Capital
Disney CEO Bob Iger came back to lead the company after his hand-picked successor was fired in November 2022 (Credit: AFP)

Disney's leadership prevailed Wednesday in a high-profile and costly proxy contest against activist investors who had sought to shake up the company's board over concerns about successorship planning.

The entertainment giant said its full slate of 12 company nominees had been reelected by a "substantial margin," turning back efforts by Trian Fund Management and Blackwells Capital.

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