DIS - The Disney Activist Battle's Next Chapter: Nelson Peltz To Nominate Himself Former Disney CFO To Board | Benzinga
Trian Partners founder and CEO Nelson Peltz has announced his latest move in his firm's ongoing proxy fight with Walt Disney Co (NYSE: DIS).
What To Know: In a new press release, Trian announced Thursday that it plans to nominate Peltz and former Disney CFO Jay Rasulo to the company's board at Disney's 2024 annual meeting.
"As Disney’s largest active shareholder, we can no longer sit idly by as the incumbent directors and their hand-picked replacements stand in the way of necessary change, and peers and competitors continue to outperform," Peltz said in the release.
Trian Partners announced earlier this year that it owns close to 33 million ...