Thwarted Meetings, a Sailing Trip Excuse and an Angry Investor: Why Activist Nelson Peltz Threatens to Disrupt Bob Iger’s Disney Comeback

Thwarted Meetings, a Sailing Trip Excuse and an Angry Investor: Why Activist Nelson Peltz Threatens to Disrupt Bob Iger’s Disney Comeback
Bob Iger is gearing up to take the earnings stage on Feb. 8 for his first quarterly report and public Wall Street conference call since his surprise return to the Disney CEO post that he exited in February 2020. But running what is likely to be a less-than-stellar quarterly financial presentation for the company is far from the most surreal experience Iger has faced in recent months, thanks to Nelson Peltz.

Trian Fund Management founder Peltz is a billionaire activist investor who hosted a fundraiser for President Donald Trump in February 2020. He’s known to be unhappy with Disney’s response to Florida’s “Don’t Say Gay” bill and at present he’s in the midst of a lawsuit against the wedding planner for his daughter Nicola Peltz and her now-husband, Brooklyn Beckham. For most of last fall, Peltz was also busy trying to engage with Disney brass, asking for meetings and phone calls.
See full article at Variety - Film News »

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