As Disney Proxy Fight Nears End, Succession Saga Will Keep Heat On Bob Iger Regardless Of Shareholder Vote Tally
The minutes are ticking down to the close of Disney’s bitter proxy fight with Nelson Peltz, whose attempt to scale the board is a direct challenge to CEO Bob Iger. Barring any hanging chads, results from voting for members of the board of directors will be revealed Wednesday at the company’s annual shareholder meeting at 1 p.m. ET / 10 a.m. PT. (Polls officially close at 11:59 p.m. ET tonight.) Iger fought, and authorized the spending of $40 million, to quash the interloper activist investor, but win or lo ...