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Fortune

Lila MacLellan

THE TRUTH ABOUT: What board can learn from disney s activist showdown | History Defined

Disney Nelson Peltz Bob Iger Charles Elson Ike Perlmutter Jay Rasulo ValueAct

Disney CEO Bob Iger speaks on stage

The brewing proxy battle at Disney has moved deep into allegory territory.

As a reminder, late last year, activist investor Nelson Peltz of Trian Partners relaunched his campaign for board influence at the Mouse House, this time nominating himself and Disney’s former CFO Jay Rasulo for seats. Backed by fellow billionaire Ike Perlmutter, the ousted former head of Marvel Entertainment, Peltz claims that Disney’s failures have cost shareholders $70 billion over recent months.

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