NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Trian Fund Management, L.P. (together with its affiliates, "Trian", "our", "we" or "us"), which beneficially owns $3 billion of common stock in The Walt Disney Company (NYSE:DIS) ("Disney" or the "Company"), today filed a preliminary proxy statement with the Securities and Exchange Commission ("SEC") in connection with its nomination of Nelson Peltz and James A. ("Jay") Rasulo for election to the Disney Board of Directors (the "Board") at the Company's 2024 Annual ...

The Dow Jones comprises 30 stocks in several sectors. Getting exposure to this popular index will give you a diversified portfolio. However, portfolios with many holdings are bound to have a few unprofitable investments. This reality has led to this list of Dow stocks to sell.Investors can periodically monitor their holdings and trim the ones that don’t offer as much promise. While investors saw many stocks rally in 2023, not every stock is due to achieve a repeat performance. These Dow stocks look troublin ...

Two Novembers ago, when Walt Disney announced Bob Iger’s immediate return as chief executive officer, the stock jumped from about $92 to over $97. It’s back down to $90, and Wall Street overwhelmingly says to buy. After all, shares were more than twice this price less than three years ago. ...

Disney chief executive Bob Iger raked in a hefty sum last year as the company implemented cost-cutting measures that included laying off thousands of employees, while he also battled activist investor Nelson Peltz.  In an SEC filing Tuesday, the company reported Iger's total compensation for 2023 amounted to nearly $31.6 million, including his $865,385 salary, $16.1 million in stock and $10 million worth of options. The package is more than double the $15 million Iger received in 2022 when he returned for a ...

Disney CEO Bob Iger saw his pay hit $31.6 million in 2023, even as the struggling entertainment giant struggles to rebuild itself and fend off activist investor Nelson Peltz.Iger’s pay package included $865,385 in base salary, plus 16.1 million in stock awards, $10 million in stock-option awards, $2.14 million cash bonus and $2.48 million in other compensation, according to an SEC statement filed Tuesday. Iger brought in $15 million in total compensation in 2022 but was CEO for less than a year, returning ...

Walt Disney has nominated its slate of directors and pushed back against attempts by activist investor Nelson Peltz to join its board. That was expected but the entertainment company didn’t take the opportunity to try and add a more friendly activist to its board. ...

The Walt Disney Company (NYSE:DIS) has formally rejected board member candidates put forward by activist investors, including Nelson Peltz. Chief executive Bob Iger wrote that the company had embarked on an “unprecedented transformation” in becoming cost efficient and that he did “not endorse” the nominees in a letter to shareholders on Tuesday. Activist investor Trian Fund Management put forward two candidates for Disney's board in December, including its chief executive Peltz. Former Disney chief financia ...

Walt Disney said Tuesday it “does not endorse” the candidates nominated by activist shareholders in a preliminary proxy filed with the Securities and Exchange Commission.Disney Chief Executive Bob Iger, in a letter to investors, said the company has embarked on an “unprecedented transformation,” making management changes and streamlining operations to become more cost-efficient. It is on track to achieve roughly $7.5 billion in cost reductions – about $2 billion more than it originally targeted.Iger said D ...

No Recent Tickers Visit a quote page and your recently viewed tickers will be displayed here. ...

BURBANK, Calif.--(BUSINESS WIRE)--The Walt Disney Company (NYSE: DIS) Board of Directors disclosed its recommended slate of 12 nominees for election at the 2024 Annual Meeting of Shareholders in preliminary proxy materials filed today with the Securities and Exchange Commission. The Board has unanimously recommended that shareholders vote for Mary T. Barra, Safra A. Catz, Amy L. Chang, D. Jeremy Darroch, Carolyn N. Everson, Michael B.G. Froman, James P. Gorman, Robert A. Iger, Maria Elena Lagomasino, Cal ...