Posted 3/13/2024, 9:08:00 PM
Disney and Trian Battle Over Board Seat, Sparring Over Iger Relationships and Nominee Credentials
- Trian says Iger-Perlmutter relationship is not relevant to its board seat push; calls Disney's campaign a "scorched-earth" effort
- Disney highlights Perlmutter's "difficult history" with Iger and employees in arguing against Trian
- Notes Perlmutter's Marvel role was severed in 2015 over creative disputes
- Critiques Trian co-nominee Rasulo's legacy and qualifications
- JPMorgan's Dimon backs Iger, warns adding "unnecessary" directors can "harm a company"