Advisory firm ISS tells Disney shareholders to side with Nelson Peltz in proxy fight
Publishing timestamp: 2024-03-21 12:28:18
Summary
Proxy advisory firm ISS recommends Disney shareholders elect activist investor Nelson Peltz to board in his fight against CEO Bob Iger. ISS slammed Disney's board for failing to find a new CEO to take over for Iger. Peltz wants to overhaul Disney's traditional TV channels. ISS recommended shareholders not back former Disney CFO Jay Rasulo in the fight. Disney responds by saying ISS fails to acknowledge the skills and experience on its board.
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Keywords: breaking news: business, business, roy e. disney, business news, nelson peltz, walt disney co, media, television,