Last week, Disney unveiled a political-style attack ad aimed at Peltz and his co-nominee, former Disney chief financial officer Jay Rasulo, which blasted the former’s credentials.
The latest fight over the future of the Walt Disney Co. is headed into its home stretch, with the company’s April 3 shareholder meeting fast approaching. This is the moment when investors will decide whether to shake up the Disney board by voting to replace one or more of the Burbank entertainment giant’s directors with someone dissatisfied with its performance.
For example, Peltz’s missives frequently note that Disney has had a poor track record of succession planning, and even the company’s staunchest defenders would be hard pressed to argue with that assertion. Other critiques are less clear cut, but defensible.
France Dernières Nouvelles, France Actualités
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