Activist investor Peltz has gained the endorsement of influential proxy advisory firm ISS in his bid for a seat on the Walt Disney board. This development comes amidst a bitter proxy fight between Peltz and Disney.
Peltz has been vocal in his criticism of Disney's strategic decisions and corporate governance practices. ISS's backing of Peltz adds significant weight to his campaign, as ISS is widely respected for its independent analysis and recommendations on corporate governance matters.
