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Disney Shareholders Officially Reject Nelson Peltz’s Board Bid in Big Win for CEO Bob Iger

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variety.com

Todd Spangler NY Digital Editor It’s official: Disney shareholders shot down activist investor Nelson Peltz‘s effort to win seats on the Mouse House’s board of directors.

Investors voted to reelect all 12 of the company-backed board members, including CEO Bob Iger, ending the most expensive corporate proxy fight in history.

The voting results for Disney board candidates were announced Wednesday at the company’s 2024 meeting of shareholders, held virtually.

Peltz, who heads investment firm Trian Partners, failed to get enough votes in his favor to clinch a board seat (as did Trian’s other nominee, ex-Disney Jay Rasulo).

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