Disney board fends off Peltz infiltration bid

Bob Iger is now free to "push forward with his growth plan for Disney"

(Image credit: Charley Gallay / Getty Images for Disney)

published 4 April 2024

What happened

Shareholders in the Walt Disney Co. voted down an effort by activist investor Nelson Peltz to join Disney's board on Wednesday, marking the second time in two years that Peltz's Trian Partners hedge fund has failed to infiltrate the company's governing body.

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Rafi Schwartz has worked as a politics writer at The Week since 2022, where he covers elections, Congress and the White House. He was previously a contributing writer with Mic focusing largely on politics, a senior writer with Splinter News, a staff writer for Fusion's news lab, and the managing editor of Heeb Magazine, a Jewish life and culture publication. Rafi's work has appeared in Rolling Stone, GOOD and The Forward, among others.