• AutoTL;DRB
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    29 months ago

    This is the best summary I could come up with:


    With the Nelson Peltz proxy fight in the rearview mirror, Disney CEO Bob Iger says that he is now free to focus on moving the company forward, with succession being a top priority.

    In a wide-ranging interview with CNBC Thursday morning, Iger said that in meeting with shareholders over the last few months, succession was a key issue, and he sought to reassure the Street that he was focused on the problem.

    He also addressed the proxy fight, with Faber pressing him on whether Peltz’s crusade was a personal one given the backing of former Marvel chairman Ike Perlmutter.

    I’ve been preaching this for a long time at the company before I left and since I came back then our number one goal is to entertain,” Iger added.

    They need to be entertaining, and where the Disney company can have a positive impact on the world whether it’s you know, fostering acceptance and understanding of people of all different types, great.

    And with regard to Florida Governor Ron DeSantis and the settlement over the Disney World oversight board, Iger described the deal as a “win-win.”


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