Elon Musk Bob Iger Nelson Peltz Disney Streaming passwords 4/4/24 Elon Musk Bob Iger Nelson Peltz Disney

Disney to crack down on password-sharing after CEO Bob Iger wins board fight

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Disney investors backed Iger and other company directors, defeating a campaign by activist investors including Nelson Peltz who argued that Disney had underperformed in the streaming-television era.“The proxy vote was a decisive, true endorsement of the board,” he said, playing down criticisms of the activist investors and saying that the company was focused on succession – one of the major tasks facing the board of Disney.Asked about criticism from billionaire Elon Musk, who had backed Peltz in the proxy battle, Iger said: “I ignore it.”.

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