California Pension Fund Backs Trian Fund Management's Director Picks for Disney Board
Friday, 29 March 2024, 23:42
CalPERS Votes Peltz and Rasulo:
Boost for Disney's Boardroom
- California Pension Fund supports Trian Fund Management's picks.
- CalPERS believes Disney will benefit from new directors.
- Trian Fund Management's director picks are Nelson Peltz and Jay Rasulo.
The California Public Employees Retirement System (CalPERS) voted to elect activist investment firm Trian Fund Management's two director candidates to Walt Disney's board, emphasizing the importance of fresh perspectives in corporate governance.
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