Peltz Seeks Disney Board Seats, Questions Fox Deal and Executive Pay
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Peltz released 133 pages arguing current Disney board causes underperformance and lacks accountability, seeking to add himself and Rasulo.
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Claims $71B Fox deal was "strategically flawed", succession planning was botched, execs overpaid.
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Wants review of organizational structure, studios/creatives, studio operations to accelerate growth.
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Questions viability of ESPN streaming service given sports rights costs.
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Despite little engagement from Disney, Trian allotted only 45 minutes to present to board last year.