Proxy Advisory Firm Supports Nelson Peltz in Walt Disney Board Bid

Thursday, 21 March 2024, 14:47

Proxy advisory firm ISS has backed Trian Fund Management co-founder Nelson Peltz in his bid to join Walt Disney's board. This decision could have a significant impact on the outcome of the ongoing board battle at Disney. With ISS supporting Peltz, it is a crucial development for both investors and Disney stakeholders, signaling a potential shift in the company's governance.
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Proxy Advisory Firm Supports Nelson Peltz in Walt Disney Board Bid

Proxy Firm Backs Nelson Peltz for Walt Disney Board Battle

Walt Disney (DIS) garnered attention as proxy advisory firm ISS has supported Trian Fund Management co-founder Nelson Peltz in his board bid.

Key Points:

  • ISS Support: ISS has backed Peltz in his quest to join Disney's board, intensifying the ongoing battle.
  • Significant Implications: This move could sway the outcome and governance dynamics at Disney.
  • Critical Decision: Investors and stakeholders await the final decision amid growing anticipation.

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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