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nelson peltz

Darroch joins Disney board as it braces for activist fight

Disney is bracing for another proxy battle with the activist investor Nelson Peltz. James Gorman, Morgan Stanley’s chief executive, and Jeremy Darroch, who formerly ran Sky, the British television company, will join Disney’s board early in 2024, according to a securities filing. “Their appointments reflect Disney’s commitment to a strong board focused on the long-term […]

November 30, 2023

Disney resists active investor

Active investor Nelson Peltz has launched a fight for a board seat at The Walt Disney Company ‘to help turnaround the company that he said was “in crisis” due to failed succession planning, mounting streaming losses and overspending on th acquisition of 21st Century Fox. Peltz’s Trian Fund Management has filed documents with the U.S […]

January 12, 2023