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Fortune

Christiaan Hetzner

Disney’s billionaire activist investor is back as Nelson Peltz hikes both his stake and his demands

Nelson Peltz Disney Bob Iger Trian Partners

Disney CEO Bob Iger (Credit: Neilson Barnard—Getty Images)

On the eve of Disney’s centennial celebrations, Bob Iger could now be staring down the barrel at his second proxy war already just one year after returning as CEO.

Billionaire activist investor Nelson Peltz wants to wield considerable influence on the board of directors by gaining not one but multiple seats at the table after acquiring a $2.5 billion stake in Iger’s company, according to the Wall Street Journal.

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