Disney Notches Win Against Nelson Peltz As Influential Proxy Advisory Firm Backs Company’s Board
Proxy advisory firm Glass Lewis has recommended thatDisneyshareholders withhold votes for all board candidates except the companys own. Another large advisory firm, ISS, hasnt yet put out its report. Peltz has knocked Disneys share price, strategic vision and the ability of its current board to provide accountability. Bob Iger, Nelson PeltzGetty Images Streaming is approaching profitability and the company is mapping out a path to reviving its film studio.