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Disney Board Election Tally Shows James Gorman Leading All Vote-Getters

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deadline.com
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The Walt Disney Co. has released the official vote totals from its April 3 annual shareholder meeting, the event that featured the culmination of a proxy fight waged by Nelson Peltz.

The effort by Peltz’s Trian Fund Management to secure two seats on the company’s board of directors was vanquished by Chairman and CEO Bob Iger after campaigns costing each side tens of millions of dollars.

Disney’s full slate of 12 board nominees ultimately got approved by shareholders and the meeting featured little of the drama that its build-up promised.

Nevertheless, the clash sent a clear message about Iger’s stumbles with succession planning and other operational concerns among many investors.

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