George Lucas backs Disney CEO Bob Iger in proxy fight with Nelson Peltz
Publishing timestamp: 2024-03-19 13:25:48
Summary
George Lucas endorses Walt Disney CEO Bob Iger in proxy battle against activist investor Nelson Peltz. Lucas, Disney's largest individual investor, praises Iger's leadership and urges other shareholders to support Disney's directors. Disney has lined up high-profile endorsements in battle against Peltz, who is seeking board nomination at annual general meeting. Iger is working on restructuring Disney to make Disney+ streaming platform profitable.
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Keywords: business news, george lucas, business, roy e. disney, jpmorgan drn, media, walt disney co, entertainment, breaking news: business, bob iger,