Shareholders vote to maintain Disney's current board

abc.net.au

A billionaire's years-long battle with Disney's CEO ended with shareholders voting to maintain the current board. Activist investor Nelson Peltz criticized Disney's performance and sought influence but was thwarted. Peltz, known for turning around companies, faced resistance despite support from Elon Musk. Disney's CEO, Bob Iger, faces succession challenges. The company spent $40 million on the proxy fight. Iger's contract runs until 2026.


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