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Broadcasting & Cable
Broadcasting & Cable
Business
Jack Reid

FOUND: Nelson peltz s trian fund withholds board votes for bob iger after claiming support - What They Never Told You

Nelson Peltz Trian.

Nelson Peltz and his Trian Fund have publicly claimed to support Bob Iger's ascension to the Disney board of directors. The logic: Such a move would, in their stated opinion, facilitate a transition away from Iger as CEO of the company.

On Monday, Pelz and Trian -- which control $3.5 billion of Disney stock -- reiterated that position: “Trian supports Mr. Iger as a candidate for the Board and as CEO," the activist shareholder said in a new statement. 

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