Disney is facing a proxy battle from investor Nelson Peltz, who wants a seat on the board and changes in the company. Peltz has support from some shareholders, but Disney Chairman Bob Iger is confident in winning the vote. The battle has forced Disney to make changes, including decentralizing decision-making and addressing succession planning. Iger believes Disney will emerge stronger from the battle and continue its growth.
JPMorgan Chase CEO Jamie Dimon has endorsed Disney CEO Bob Iger in his proxy battle against activist investor Nelson Peltz of Trian Partners. Dimon praised Iger's leadership and industry expertise, while Peltz seeks board representation and changes to Disney's operations. Disney recently reported strong financial results, but Peltz remains critical. Dimon's endorsement signals support for Iger's strategy and confidence in his ability to navigate the evolving media landscape.
