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Disney, Iger Get Backing of JPMorgan's Dimon in Proxy Fight With Peltz
DisneyDisney(US:DIS) Investopediaยท2024-03-13 17:35

Key TakeawaysJPMorgan Chase CEO Jamie Dimon on Wednesday chimed in on Disney's battle with activist investor Nelson Peltz, calling Disney CEO Bob Iger "a first-class executive and outstanding leader."Peltz's firm Trian Fund Management has nominated Peltz and former Disney chief financial officer Jay Rasulo to the company's board in its second proxy battle with the entertainment giant in a little over a year.In an appeal to shareholders, Disney on Monday attacked Peltz's record and alleged his efforts to joi ...