Proxy Advisory Firm Backs Nelson Peltz for Disney Board Seat

Thursday, 21 March 2024, 22:32

Proxy advisory firm ISS has backed activist investor Nelson Peltz's proposal to join Disney's board. This endorsement is a significant development as it boosts Peltz's chances of securing a seat on Walt Disney Co.'s board. ISS's support adds weight to Peltz's efforts to influence decisions at the entertainment giant.

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Proxy Advisory Firm ISS Backs Nelson Peltz's Bid

Activist investor Nelson Peltz received a significant endorsement on Thursday in his bid to join Walt Disney Co.'s board. Influential proxy advisory firm Institutional Shareholder Services expressed its support for Peltz, enhancing his campaign.

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