Trian officially nominated Peltz and former Disney CFO Jay Rasulo as directors for consideration at the company's upcoming annual meeting.
Trian oversees about $3 billion worth of Disney stock.
The board oversight is awful," the activist investor told Jim, who agrees.
In March 2018, Peltz joined the board of Procter & Gamble — a relationship that led to market share gains and improved financial performance.
Peltz has been pushing Disney board representation since the beginning of 2023 .
Persons:
Trian, Nelson Peltz, Peltz, Jay Rasulo, Disney, Morgan Stanley, James Gorman, Ike Perlmutter's, Bob Iger, Jim, we've, Procter & Gamble, there's, Iger, Bob Chapek, Jim Cramer's, Jim Cramer, David A
Organizations:
Trian Partners, Disney, Marvel Entertainment, missteps, CNBC, ESPN, DIS, Procter &, Netflix, Alpha, Grogan
Locations:
New York