Posted inBoards of Directors Company Reports Iger, Robert A Layoffs and Job Reductions Peltz, Nelson Shareholder Rights and Activism Trian Fund Management LP Walt Disney Company
Activist Disney Investor Declares End to Battle for Board Seat
The move by Nelson Peltz came a day after the company’s C.E.O., Bob Iger, announced a restructuring that will cut $5.5 billion in costs and eliminate roughly 7,000 jobs.