Disney's Iger says Peltz proxy battle was a 'distraction,' board is focused on picking his successor

Bob Iger, chief executive officer of The Walt Disney Co., attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Tuesday, July 11, 2023.Nelson Peltz's proxy battle was a "distraction," and Disney can now focus on trying to turn a streaming profit and planning succession, its CEO Bob Iger said on CNBC's "Squawk on the Street" on Thursday, just one day after handing a stinging defeat to the activist investor."One of the things that I feel great about right now is, put the victory ...