Disney CEO Bob Iger Fends Off Activist Investor Nelson Peltz

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Despite a challenge from activist investor Nelson Peltz, Disney CEO Bob Iger successfully maintained control as Disney shareholders supported the board members endorsed by the current leadership. Iger received strong shareholder approval, securing 74% - 94% of votes casted, while Peltz only earned 31% of the votes. The focus now for Iger is on executing the vision for shareholders, particularly in making the streaming division profitable and revitalizing the content studio. The challenges facing Disney include a significant box office downturn since 2019, with only one billion-dollar movie released after a string of successes, as well as a highlighted concern over the failed succession plan outlined by Peltz.

Episode 294: Neal and Toby talk about Bob Iger’s successful defense from a Nelson Peltz takeover and the conclusion of the Disney proxy battle. Then, egg prices are coming back up as America’s largest egg producer has an unfortunate discovery of bird flu in its stock. Next, Amazon is taking a step back in its Grab n’ Go concept since it’s yielding little return. Also, Neal goes through his favorite numbers from the week. Meanwhile, NYC congestion pricing is happening…and it might not just be for cars. Lastly, monkeys are running amok in this Thai city that’s halting its businesses

00:00 - Intro

02:40 - Disney wins board battle

07:00 - Egg Prices and bird flu

09:43 - Amazon check out

14:00 - Neal’s Numbers

20:00 - NYC Marathon vs MTA

23:00 - Monkeys in Thailand

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