A buzz of excitement shot through Hollywood after Bob Iger returned to Walt Disney in late November, with hopes that the veteran chief executive would help his company — and the ailing entertainment industry as a whole — find its way again.
But behind the fanfare, signs of tarnish had appeared on the Iger halo since he stepped down in 2020, blemishes the activist Nelson Peltz is now making the centrepiece to one of the US’s biggest proxy battles in years.
