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CalPERS supports Peltz and Rasulo for Disney board

Deadline — March 30, 2024, 11:00 PM UTC

Summary: CalPERS, with 6.7 million Disney shares, supports Nelson Peltz and Jay Rasulo for the board. Disney, with 1.8 billion shares, faces a close vote. ISS recommends Peltz for the board due to succession concerns. Blackwells Capital sues Disney over alleged inappropriate ties with ValueAct. Shareholders have until April 2 to vote, with results announced on April 3. The shareholder meeting will be virtual.

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Timeline:

  1. [4.4]
    Shareholders vote to maintain Disney's current board (ABC News)
    156d 5h
    Source
  2. [2.7]
    Nelson Peltz reflects on Disney proxy battle loss (Deadline)
    156d 5h
    Source
  3. [1.7]
    Nelson Peltz discusses Disney proxy fight loss on CNBC (Hollywood Reporter)
    156d 6h
    Source
  4. [4.2]
    Bob Iger emphasizes succession planning after Disney's investor victory (Deadline)
    156d 9h
    Source
  5. [2.9]
    Disney's CEO Bob Iger expresses gratitude at shareholders meeting (The Walt Disney Company)
    157d 5h
    Source
  6. [1.9]
    Disney CEO Bob Iger wins proxy battle decisively (CTV News)
    157d 5h
    Source
  7. [3.0]
    Disney defeats boardroom coup led by Nelson Peltz (The Guardian)
    157d 6h
    Source
  8. [2.4]
    Disney fends off Peltz, faces streaming challenges, leadership transition (Los Angeles Times)
    157d 6h
    Source
  9. [2.5]
    Disney defeats activist investor Peltz in board battle (Financial Times)
    157d 7h
    Source
  10. [2.8]
    Disney shareholders to vote on board members, including Peltz's (CNBC)
    157d 13h
    Source
  11. [5.2]
    Trian Partners faces opposition from top Disney shareholders in 2024 (CNBC)
    158d 9h

    ScoresSource
  12. [2.6]
    Disney and CEO Bob Iger lead in board reelection (Variety)
    158d 11h
    Source
  13. [2.8]
    BlackRock supports Disney board, Trian seeks seats, proxy battle (Deadline)
    158d 18h
    Source
  14. [5.1]
    Trian Fund Management challenges Disney's board in 2024 (Variety)
    159d 8h

    ScoresSource
  15. [6.0]
    Disney faces investor showdown over leadership and performance concerns (The Guardian)
    159d 13h

    ScoresSource
  16. [4.5]
    CalPERS elects Peltz and Rasulo to Disney's board (Hollywood Reporter)
    161d 16h
    Source
  17. [5.5]
    Blackwells Capital sues Disney over ValueAct ties, seeks changes (Deadline)
    162d 23h

    ScoresSource
  18. [4.5]
    Trian Group challenges Disney board for better financial performance (Variety)
    166d 10h
    Source