Disney Releases Attack Ad Against Trian Board Nominees
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Disney released a political attack ad-style video framing Trian's board nominees Peltz and Rasulo as "disruptive and destructive".
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The video attacks Peltz's track record at GE and DuPont and questions his motives, as well as criticizing Rasulo's lack of recent employment.
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It also notes Trian's relationship with former Disney exec Ike Perlmutter who has a "grudge against CEO Bob Iger".
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The video highlights Iger's achievements at Disney over his tenure to argue he has put Disney on the right track.
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This escalates the public proxy fight between Disney and Trian, with Trian previously releasing a white paper arguing for its proposed changes.