Disney Heirs Rally Behind CEO Bob Iger Against Activist Investors

In letters to shareholders, Disney's descendants express strong support for current leadership and warn against the motives of activist investors.

Disney heirs publicly support CEO Bob Iger and oppose activist investor Nelson Peltz's bid for board seats.
The heirs criticize Peltz and other activist investors for lacking understanding of Disney's legacy and accuse them of seeking profit at the company's expense.
Disney's grandchildren emphasize the importance of preserving the company's magic and legacy, rooted in storytelling and emotional connections.
The letters from Walt and Roy O. Disney's descendants highlight their personal connections to the company and their trust in its current leadership.
Disney opposes the board candidates from Trian and Blackwells, urging shareholders to vote for its own nominees at the upcoming annual meeting.