The Walt Disney Company, commonly known as Disney, has updated its proxy materials on its website related to the upcoming 2024 Annual Meeting of Shareholders, as per the announcement made on March 29, 2024. The update includes expert analysis and reasons to vote for the management-nominated candidates, with notable commentary from New York City Comptroller Brad Lander and research firms. Lander expressed concerns about Nelson Peltz's potential board membership, citing his past performance on other boards, and confirmed that the New York City Retirement Systems would vote in favor of management's nominees. Huber Research Partners also supported the current management, emphasizing the importance of Disney's creative efforts and the risks of bringing in an outsider. Former Disney CEO Michael...Show More

The Walt Disney Company, commonly known as Disney, has updated its proxy materials on its website related to the upcoming 2024 Annual Meeting of Shareholders, as per the announcement made on March 29, 2024. The update includes expert analysis and reasons to vote for the management-nominated candidates, with notable commentary from New York City Comptroller Brad Lander and research firms. Lander expressed concerns about Nelson Peltz's potential board membership, citing his past performance on other boards, and confirmed that the New York City Retirement Systems would vote in favor of management's nominees. Huber Research Partners also supported the current management, emphasizing the importance of Disney's creative efforts and the risks of bringing in an outsider. Former Disney CEO Michael Eisner echoed these sentiments, advocating for the current management team. Disney's communication also contained forward-looking statements regarding its business prospects, strategies, and shareholder value, while acknowledging the risks and uncertainties that could affect actual results. The company has filed a definitive proxy statement with the SEC and urges investors and security holders to read it carefully for detailed information about the solicitation of proxies for the annual meeting.