Disney tells shareholders to reject Nelson Peltz, other activists nominees to board New York Post
News Source : New York Post
News Summary
- Perlmutter was forced out of the company last March as part of the company’s cost-cutting campaign.Disney’s board did not endorse former Disney Chief Financial Officer Rasulo because he lacked executive experience at other public companies..
- The company also said his tenure as a director at iHeartMedia did not lead to strong returns and that his relationship with Perlmutter also raised concerns.Advertisement.
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Walt Disneysaid Tuesday it does not endorse the candidates nominated by activist shareholders in a preliminary proxy filed with the Securities and Exchange Commission.Disney Chief Executive Bob [+2407 chars]
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