Walt Disney named Morgan Stanley veteran James Gorman as chair and said it would announce a replacement for CEO Bob Iger in early 2026.
Read More Disney to name CEO Bob Iger’s replacement in 2026, taps Morgan Stanley’s Gorman as chair
Tag: Nelson Peltz
Nelson Peltz Criticizes Disney’s ‘Woke’ Movie Approach, Citing ‘Black Panther’ and ‘The Marvels’
Activist investor Nelson Peltz criticized the Walt Disney Company for its “woke” film approach, specifically in reference to Black Panther and The Marvels movies, as the Disney board proxy battle draws closer to its deciding day.
Read More Nelson Peltz Criticizes Disney’s ‘Woke’ Movie Approach, Citing ‘Black Panther’ and ‘The Marvels’
Unilever to spin off ice cream business, cut 7,500 jobs for cost savings
Investors sent shares in Unilever, one of the world’s biggest consumer goods companies, up nearly 6% at one point.
Read More Unilever to spin off ice cream business, cut 7,500 jobs for cost savings
Disney Makes Agreement With ValueAct
Disney has made an agreement with ValueAct Capital Management amid a proxy battle with Nelson Peltz, a billionaire businessman and investor.
Read More Disney Makes Agreement With ValueAct
Disney CEO Bob Iger says company is ready to start building
Walt Disney CEO Bob Iger told employees he faced a “myriad of challenges” upon returning to the company.
Read More Disney CEO Bob Iger says company is ready to start building