Category: Bob Iger

Nelson Peltz’s Disney proxy fight may hinge on the same investors who doomed his DuPont battle nearly a decade ago

Activist investor, Nelson Peltz. Reuters Three major Disney investors have a history with Nelson Peltz’s proxy fights. BlackRock, Vanguard, and State Street voted against Peltz’s firm Trian Partners in a 2015 proxy battle. But in a 2017 fight with P&G, BlackRock and State Street supported Peltz.  The fate of Nelson Peltz’s proxy fight with Disney partially relies on three investors — the same investors who…

The Mouse’s media darling: How Bob Iger went from local weatherman to Disney’s repeat CEO

Disney CEO Bob Iger Photo by Kimberly White/Getty Images for Vanity Fair Bob Iger is Disney’s CEO, having returned to the post in 2022 after a short-lived retirement. He’s spearheaded some of Disney’s most profitable acquisitions since taking the helm in 2005. Here’s a look at the decades of work that propelled him to become the Mouse’s media darling. Robert Iger, Disney’s on-again-off-again CEO —…

George Lucas says he has ‘full faith and confidence’ in Disney CEO Bob Iger amid proxy fight

Richard Harbaugh/ Disneyland Resort via Getty Images George Lucas is throwing his support — and his shares — behind Disney CEO Bob Iger. The Star Wars creator is one of Disney’s largest shareholders following the sale of Lucasfilm in 2012. “Creating magic is not for amateurs,” Lucas said in support of Iger. “No one knows Disney better.” Star Wars creator George Lucas is rallying in…

Disney and CEO Iger Get Backing of Proxy-Advisory Firm Glass Lewis in Battle Over Board

Disney’s current strategic direction under CEO Bob Iger got the thumbs-up from independent proxy voting and corporate governance advisory firm Glass Lewis, amid a campaign launched by two activist investor groups to win seats on the Mouse House’s board. Glass Lewis, in a March 18 report, recommended Disney shareholders vote for the Disney-selected 12 director […] Go to Source

Disney Working to Get Streaming Platforms on Technical Par With Netflix, Iger Says: ‘We Need to Be at Their Level’

Disney CEO Bob Iger acknowledged that the company is behind Netflix in terms of technical capabilities — and that the Mouse House is in the process of catching up. “We need to be at their level” of technical capability, in order to reduce marketing expenses and cut churn rates, Iger said about Netflix, speaking Tuesday […] Go to Source

Meet the Disney heirs rallying behind Bob Iger

These are the Disney heirs who penned letters to shareholders. Getty Images Eight grandchildren of Disney’s cofounders are pushing back against activist investors. They signed two letters to shareholders in support of Disney CEO Bob Iger. Meet the heirs who are backing Iger in his feud with Nelson Peltz. The Disney dynasty is banding together to thwart activist investors who want to infiltrate the company…

Ambani’s Reliance and Disney merge India media assets to form $8.5B joint venture

Reliance, its portfolio Viacom18 and Disney are merging their media businesses in India, creating the largest media entity in the world’s most populous nation. Reliance, which will control the joint venture, directly owns 16.34% of the merged entity, which it has valued at $8.5 billion. Disney will own a 36.84% stake in the merged entity, […] © 2024 TechCrunch. All rights reserved. For personal use…