Posted 4/4/2024, 8:29:00 PM
Peltz Warns Disney He'll Be Back If Promises Not Kept, Cites $1B Trian Profit
- Peltz says he'll be back to challenge Disney again if they don't keep promises; suggests Trian has made about $1B on its investment
- Peltz hopes Disney delivers on commitments and doesn't let stock fall like last year when Trian initially backed off
- Peltz insists the Disney board has failed at succession planning over the past 13 years
- Peltz says "awful three letter-word called ego" led to proxy fight; claims he and Rasulo more qualified than some Disney directors
- Peltz surprised and disappointed large institutional investors voted against Trian despite support from ISS