Bob Chapek: Celebs Rumors

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Proxy-Advisory Firm ISS Recommends Disney Shareholders Elect Nelson Peltz to Board

Todd Spangler NY Digital Editor Disney was handed a setback in its boardroom fight with activist investor Nelson Peltz after proxy-advisory firm Institutional Shareholder Services recommended that shareholders vote him onto the Mouse House’s board. ISS, whose recommendations are influential among institutional investors, cited Disney’s “failed” succession planning in the CEO role in its report backing Peltz, whose Trian Partners.
variety.com

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