ISS Backs Nelson Peltz for Disney Board Amid Proxy Battle

Institutional Shareholder Services endorses activist investor Nelson Peltz for Disney's board, intensifying the conflict over the company's direction and leadership.

Institutional Shareholder Services (ISS) recommends shareholders elect Nelson Peltz to Disney's board, challenging the entertainment giant's current leadership.
Disney CEO Bob Iger garners support from high-profile figures, including Laurene Powell Jobs and George Lucas, in the face of the proxy fight.
Peltz's Trian Fund Management aims for two board seats, intensifying the debate over Disney's future strategy and CEO succession.
ISS criticizes Disney's board for its handling of CEO succession planning, urging for more outside oversight.
The proxy battle, marked by endorsements from both camps, highlights concerns over Disney's creative direction and technological adaptation.