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Jon Lafayette

Disney Defends Record as Trian’s Nelson Peltz Teams Up With Former Disney Exec Isaac Perlmutter for Proxy Fight

Disney Nelson Peltz Isaac Perlmutter Trian Bob Iger Robert A Iger Trian Fund Management

Trian Fund Management founder and CEO Nelson Peltz.

The Walt Disney Co. defended its record as activist investor Nelson Peltz of Trian Fund Management is teaming up with former Disney executive Isaac Perlmutter to mount a potential proxy fight.

Trian said it owns $3 billion worth of Disney stock and talked on Thursday with Disney CEO Bob Iger. Trian said Disney’s board was willing to meet, but turned down a request to put Peltz, Trian’s founder and CEO, on the board.

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