Activist Nelson Peltz called off his campaign to take a board seat at Walt Disney on Feb. 9, the day after Disney's Chief Executive Bob Iger unveiled plans to cut $5.5 billion in costs.

Source: https://seekingalpha.com/article/4579562-disney-clash-with-activist-peltz-will-have-sequel?source=feed_all_articles

Nelson Peltz founding partner of Trian Fund Management LP. speak at the WSJD Live conference in Laguna Beach, California October 25, 2016.

Source: https://gazette.com/news/us-world/activist-investor-peltz-kicks-off-battle-for-disney-board-seat/article_a91f9a3c-6efe-535a-9544-22878a19c835.html

Nelson Peltz, who feels the company’s stock is languishing and that leadership succession planning has been mishandled, is in his second proxy battle with the entertainment giant in two years.

Source: https://www.nytimes.com/2023/12/14/business/dealbook/disney-board-nelson-peltz.html

That might sound like just the sort of missive Nelson Peltz, an activist investor, would send Bob…

Source: https://biztoc.com/x/b1aac18d26bdfca8?ref=ff

With this track record Iger had little hesitation in staring down an assault by faltering activist Nelson Peltz, despite misguided analysts advising Iger to concede to his demands after to office as CEO.

Source: https://time.com/6269199/bob-iger-disney-florida/

You can then choose to walk away, or you can do what Nelson Peltz said in this case and say, I am going to ask shareholders to put me in the board even though the company has declined to do so.

Source: https://www.ft.com/video/7b127447-e630-43da-8fe0-94fa354a481f