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International Business Times
International Business Times
Business
AFP News

Disney Investors To Vote On Winner In Succession Proxy War

Disney CEO Bob Iger is fighting a proxy challenge by Nelson Peltz of Trian Fund Management (Credit: AFP)

Disney shareholders will deliver a verdict later Wednesday in the company's long-running struggle over leadership at one of the spring's most costly and closely-watched annual meetings.

At issue is an effort by billionaire investor Nelson Peltz of Trian Capital, who has blasted the Disney board over botched leadership planning after the entertainment giant reinstated long-running chief Bob Iger as CEO and ousted Iger's successor.

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