CalPERS Supports Activist Investors in Disney Board Election
Saturday, 30 March 2024, 04:52
Nelson Peltz and Jay Rasulo Elected to Disney Board
U.S. pension giant CalPERS has sided with activist investors Nelson Peltz and Jay Rasulo by voting them onto the board of Walt Disney Company. This decision is part of an ongoing boardroom battle that may herald significant changes in Disney's corporate strategy.
Implications for Disney and Shareholders
The inclusion of Peltz and Rasulo could bring about bold new initiatives and a different approach to governance at Disney, potentially reshaping the company's future direction.
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