Trian Fund Management challenges Disney's board in 2024
Summary: Disney's 2024 shareholder meeting sees a rare contested board election with three competing slates. Trian Fund Management, led by Nelson Peltz, aims to shake up Disney's board, citing underperformance and poor strategic decisions. The proxy fight is expected to cost $40 million. Influential advisory firms support Peltz, while Disney defends its current direction. Shareholders will vote on board members and other proposals. Key institutional investors include Vanguard and BlackRock.
This is article metrics. Combined, they form a significance score, that indicates how important the news is on a scale from 0 to 10.
My algorithm scores 10,000 news articles daily, and creates a single significance-ordered list of news.
Read more about how I calculate significance, or see today's top ranked news on the main page:
See today's news rankings