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home / articles / DIS - Bob Iger Says Peltz 'Didn't Bring Any New Ideas' To Disney Following Proxy Fight Win | Benzinga


DIS - Bob Iger Says Peltz 'Didn't Bring Any New Ideas' To Disney Following Proxy Fight Win | Benzinga

Walt Disney Company (NYSE:DIS) announced Wednesday afternoon that all 12 board nominees had won re-election following its annual shareholder meeting. Disney CEO Bob Iger joined CNBC's “Squawk on the Street” Thursday to discuss the company's victory in its proxy battle against activist investors.

What Happened: Iger expressed relief over the outcome of the “distracting" proxy fight, which "diluted" his time and attention away from core business priorities and forced the CEO to defend his company. Iger also shared suspicions that the proxy battle was, at least partially, a personal attack on him by activist investor Nelson Peltz

"I think ...

Full story available on Benzinga.com

Stock Information

Company Name: The Walt Disney Company
Stock Symbol: DIS
Market: NYSE
Website: thewaltdisneycompany.com

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