CalPERS and Neuberger Berman Support Trian Director Candidates

Monday, 1 April 2024, 12:51

In a crucial board battle at Disney, CalPERS and Neuberger Berman have thrown their weight behind Nelson Peltz and other Trian director candidates. The upcoming Wednesday vote deadline sets the stage for a potentially game-changing outcome. With the support of notable investors, the battle for board seats is heating up, signaling a significant shift in Disney's governance.
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CalPERS and Neuberger Berman Support Trian Director Candidates

Disney's Board Battle Update

In the latest development at Disney, two prominent investors, CalPERS and Neuberger Berman, have come out in favor of Nelson Peltz and the Trian director candidates. The move intensifies the ongoing board battle, indicating a potential change in the company's leadership. With the crucial vote looming on Wednesday, the support from these investors adds momentum to the challenge for board seats.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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