George Lucas Backs Disney Leadership Amid Shareholder Vote and Activist Challenge
• George Lucas, Star Wars creator and Disney's largest individual shareholder, issues statement supporting Disney board and CEO Bob Iger amid proxy battle
• Lucas says "Creating magic is not for amateurs" and he has "full faith and confidence in the power of Disney and Bob's track record"
• Lucas urges other Disney shareholders to vote for company's 12 directors like he did with all his shares
• Activist investors like Nelson Peltz claim Disney stock has underperformed and company needs new strategies
• Disney shareholder meeting on April 3 will have vote on board members as activist groups seek to replace some