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Walt Disney prepares for proxy battle with Nelson Peltz

Christopher Grimes, Ortenca Aliaj and Sara Germano

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Los Angeles/New York | Activist investor Nelson Peltz will try to force his way on to the board of Walt Disney after the company declined to nominate him as a director, setting the stage for one of the biggest proxy fights in the US in years.

Mr Peltz is planning to take his attempt for a board seat directly to investors, according to people briefed on his plans, putting him in confrontation with Bob Iger just months after he returned for a second stint as chief executive of the sprawling entertainment group.

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Financial Times

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    Original URL: https://www.afr.com/companies/media-and-marketing/walt-disney-prepares-for-proxy-battle-with-nelson-peltz-20230112-p5cc7a