Billionaire Nelson Peltz Said His Proxy Fight with Disney Is Over
Billionaire activist investor Nelson Peltz announced that his proxy fight with Disney is over after the current CEO Bob Iger announced changes to the company yesterday.
Billionaire activist investor Nelson Peltz announced that his proxy fight with Disney is over after the current CEO Bob Iger announced changes to the company yesterday.
Disneo CEO Bob Iger announced they will cut 7,000 jobs and eliminate $5.5 billion in costs as part of a corporate reorganization to boosts profits and control costs.
Disney CEO Bob Iger announced that the head of Disney’s controversial Disney Media and Entertainment Distribution unit, Kareem Daniel, is leaving the company.
The Disney board of directors have fired CEO Bob Chapek and also replaced him with former CEO Bob Iger who retired last year from the job.