Disney Faces Shareholder Proxy Battle With Activist Investors Over Board Seats

• Disney faces proxy fights from activist investors Trian Group and Blackwells Capital, who argue the company can increase shareholder value • Trian has nominated Nelson Peltz and Jay Rasulo to join Disney's board, while Blackwells nominated 3 other candidates • Disney has pushed back against the activist investors' criticisms and defended its current board nominees • Prominent figures like Jamie Dimon and George Lucas have voiced support for Disney • The annual shareholder meeting on March 8th will see a vote between Disney’s board slate and the activist investors' nominees