News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

[Casper Gutman]

…also some one not fit to “hunker down” and play the long game

Yes! They aren't playing the LONG GAME! That's the whole point! They want to plunder Disney for short-term gain and harm it for vengeance. They are all the more dangerous because they know they don't have long left,

 

[BrianLo]

Do we have documented proof that Peltz and/or Rasulo are liars? Because they specifically mentioned several legitimate issues in their townhall video.

Three times Peltz promised he was supportive of Iger in the Financial Times article and then proceeded to withhold their vote for him, basically within days.

 

[Sir_Cliff]

…also some one not fit to “hunker down” and play the long game

I still need the math to work for me to show who he and dull Jay are gonna seize power quickly in a junta?

I mean, do you think he's spending all this money to offer some friendly advice and set up the company for the next 25 years when he'll be reaping the benefits at the age of 106?

 

[Sirwalterraleigh]

Eisner was formed by a different, pre-80s business culture, one that was much more comfortable with spending, even to the point of wasteful flamboyance. Iger developed in a different environment, one is which money saved via cuts was much more valued then that earned via investment.

Books exist.

You will never get another Eisner. You need to stop fantasizing.

You know Iger isn’t 45, right?

He was in tv production starting in the 70’s…

If you’re saying tv is a crappy business…then that’s more an indictment that he never should have had the job.

Eisner could’ve canned him in 1996…but kept him around and gave him a title to do…”something”…for almost 10 years.

And he was so good at anonymity that nobody noticed him

 

[Sirwalterraleigh]

Three times Peltz promised he was supportive of Iger in the Financial Times article and then proceeded to withhold their vote for him, basically within days.

Yeah he’s lying…the whole point of this is to pump the stock and push Iger out

…we’re not confused on this, are we?

 

[Sirwalterraleigh]

Yes! They aren't playing the LONG GAME! That's the whole point! They want to plunder Disney for short-term gain and harm it for vengeance. They are all the more dangerous because they know they don't have long left,

They can’t strip Disney with 2 seats…

Are we finally getting to the point where we’d can stop with the boogieman?

 

[Sirwalterraleigh]

I mean, do you think he's spending all this money to offer some friendly advice and set up the company for the next 25 years when he'll be reaping the benefits at the age of 106?

…not in the slightest bit…it’s to push for whatever he can get.

So how does the board diffuse that?

 

[lazyboy97o]

Eisner was formed by a different, pre-80s business culture, one that was much more comfortable with spending, even to the point of wasteful flamboyance. Iger developed in a different environment, one is which money saved via cuts was much more valued then that earned via investment.

Books exist.

You will never get another Eisner. You need to stop fantasizing.

The early 2000s did see maintenance cuts so deep that people actually died as a result.

 

[mikejs78]

It didn’t exist in Disney until 2005…so they took awhile to do what “all the cool kids do”

It didn't? DCA? WDSP?

 

[lazyboy97o]

It didn't? DCA? WDSP?

All Joe Rohde’s fault. He spent their budget on a research trip.

 

[BrianLo]

Yeah he’s lying…the whole point of this is to pump the stock and push Iger out

…we’re not confused on this, are we?

Some people still seem to be. Peltz may build us a Brazil pavilion, right?

 

[BrianLo]

Just for a little levity, I will miss the vague excitement (if we want to call it that) of these threads.

Disney has roughly 200 million stocks declared for them publicly. Trian has 6.7 million from Calpers that everyone seemed to be freaking out about the other day and the 32 million they bring to the table, mostly Ike.

Blackrock (119 Million), Vanguard (151 Million) and State Street (73 Million) almost always vote with ISS/Glass Lewis 'All recommendations' and they usually reject their against recommendations. Meaning, they very typically vote for the boards suggestions regardless of what ISS/Glass Lewis say. Though Glass Lewis is an "All recommendation" anyways, so a bit moot. Consider these large, status quo wealth funds. As they should be, passive investment is evidenced based. I won't get into all the big six Canadian banks holdings/Canadian Pension Plan and you all know we are typically boring.

Only three of the top ten wealth funds tend to actually follow ISS 'against' recommendations, though only one really all the time and the other two get very muddied by ISS/Glass Lewis disagreements. I think Dimensional Funds will listen to ISS and that's 6 million. AllianceBernstein (8.3 Million) could be the other one, though they don't exclusively vote with ISS and the split muddies the waters

 

[flynnibus]

Thread should just be lockef until Wednesday. There is nothing more to the debate about the pros/cons of petlz. Just wait for the outcome

 

[Stripes]

In my opinion, the pro-Peltz takes are summarized by the following:

 

[duncedoof]

Unless, of course, you see the Disney proxy battle as a fight in a much larger war. Then wanting Disney destroyed makes some sense. And I hope you lose decisively.

Perfectly said.

 

[duncedoof]

Thread should just be lockef until Wednesday. There is nothing more to the debate about the pros/cons of petlz. Just wait for the outcome

This thread wouldn't even be moving until the actual vote if not for some really loud posters.

 

[Sirwalterraleigh]

The early 2000s did see maintenance cuts so deep that people actually died as a result.

But no block pricing or nonsense of “luxury” with non-existent hiring standards

 

[Sirwalterraleigh]

Thread should just be lockef until Wednesday. There is nothing more to the debate about the pros/cons of petlz. Just wait for the outcome

…the minutes tick down

The fallout will be discussed for years

 

[Sir_Cliff]

But no block pricing or nonsense of “luxury” with non-existent hiring standards

I would take that over people dying.

 

[Sirwalterraleigh]

I would take that over people dying.

Has maintenance gotten that much better?

They swapped checking breaks for letting AAs rot for 10 years

…I mean…I guess?