In Blow To Disney, Leading Proxy Advisory Firm Backs Nelson Peltz For Board, Cites “Critically Flawed Succession Process”
ISS, the most influential proxy advisory service, has recommended shareholders vote to put Trian’s Nelson Peltz on Disney’s board, saying the activist investor, “with his considerable experience on other boards and fiduciary duties owed to a large shareholding group, appears best positioned to bring a shareholder perspective to the board.” “The events leading up to […]