CEOs don’t “muse”
There really isn’t a “right” choice, there’s pros and cons to voting both ways. The important thing is Disney will survive and still be Disney regardless of how the vote goes.
Okay. I tried not to be doom and gloom, I’m just worried for Disney. But thank you for reassure me that Disney will be fine.
Its valid speculation based on his normal "MO" throughout his history of joining boards of companies. He almost always demands breakup to "return value to the shareholders". He doesn't care one bit about Disney or its fans.
There is plenty at Disney that aren't profitable but still value-add to the company. For example WDI has an R&D group, it isn't profitable and a lot of times doesn't lead to direct impacts on the Parks. Does he dump it because it doesn't add to the bottom line? I mean where does it stop? Would he even know the difference, or just dump everything that isn't profitable? His normal "MO" is demand breakup, its not even a guess that is his way. He isn't good for the company as he has no real experience with anything Disney does. Disney needs a scalpel, not a sledgehammer.
Look! I don't know who's side I'm on, but let's just wait and see who the board of directors that the shareholders are voted for.
Shareholders are going to vote for whomever they think will bring them the most return on their investment. They don't really care all the much about movies, tv shows, or even the theme parks. Just like Peltz doesn't really care for that stuff either.
Which actually makes Peltz look more attractive
Even if Peltz and Rasulo both got nominated they wouldn’t have the power to do any of what you propose. They’d be 2 of 12 directors, or more likely 2 of 14 Directors since Disney bylaws state they can have as many as 21 Directors on the board, and if elected they‘d probably be additions rather than replacing anyone. They‘d have some influence but they’d still be the minority voices on Igers board.
I suggest looking at Peltz’s history before you so glibly say he’d have no power.
You keep doing this…
Leave the thread. The discussion on their proxy war - and that is what’s going on - will continue for months…if not years.
Rather than sending me on a wild goose chase just direct me to the examples you are referring to.
You really think Peltz only goes away if Iger is removed. Don't be naive....
Go look specifically at Kraft and Mondelez, he forced the breakup.
The goal for Peltz is the stock price getting to $120 (or whatever his exit point is) so he can sell his millions of shares and makes a couple billion dollars. Once that happens he’ll likely sell and never mention Disney again.
