HomeAbout

TL;DR CNBC


George Lucas backs Disney CEO Bob Iger in proxy fight with Nelson Peltz - TL;DR CNBC

George Lucas backs Disney CEO Bob Iger in proxy fight with Nelson Peltz

Publishing timestamp: 2024-03-19 13:25:48


Summary

George Lucas endorses Walt Disney CEO Bob Iger in proxy battle against activist investor Nelson Peltz. Lucas, Disney's largest individual investor, praises Iger's leadership and urges other shareholders to support Disney's directors. Disney has lined up high-profile endorsements in battle against Peltz, who is seeking board nomination at annual general meeting. Iger is working on restructuring Disney to make Disney+ streaming platform profitable.


Sentiment: POSITIVE

Tickers: JPMDIS

Keywords: business newsgeorge lucasbusinessroy e. disneyjpmorgan drnmediawalt disney coentertainmentbreaking news: businessbob iger

Source: https://www.cnbc.com/2024/03/19/george-lucas-backs-disney-ceo-bob-iger-in-nelson-peltz-proxy-fight.html


Developed by Leo Phan