Disney Shareholders to Decide on Board's Future in Proxy War

Disney's annual meeting will determine the outcome of the proxy fight between CEO Bob Iger and activist investor Nelson Peltz.

Disney shareholders will vote on the company's board at the annual meeting, concluding the proxy battle between CEO Bob Iger and Trian's Nelson Peltz.
Peltz's campaign, supported by proxies and some investors, challenges Disney's strategy and leadership, advocating for board changes and a new direction.
Disney has garnered significant support from key investors and public figures, indicating a potential victory for Iger's team.
The vote is seen as a critical decision on Disney's future direction, with implications for its strategy, leadership, and shareholder value.
The outcome could influence Disney's approach to streaming, succession planning, and content strategy amid industry-wide challenges.