Bob Iger Victorious in Disney Proxy Battle

  • 2 months ago
The proxy battle for Disney's board of directors is over and current CEO Bob Iger is victorious. Activist investor Nelson Peltz of Trian Fund Management and nominees from Blackwells Capital both failed to secure seats on Disney's board, with Iger and the rest of the Disney backed board picks reportedly winning by a wide margin, according to CNN sources. Disney confirmed the results of the vote yesterday in a call.