The Latest Breaking News from Bob Iger

Compare that to his 2021 salary of $32.5 million.

Disney also revealed that Peltz's campaign for a board seat had a surprise backer: Marvel chairman Isaac Perlmutter.

The Walt Disney Co. has come out swinging against activist shareholder Nelson Peltz's campaign to join the company's board of directors, saying the billionaire lacks a basic understanding of Disney's business and has offered no strategic ideas.

In response to House Republicans’ plans to use their new majority to investigate the ESG movement, three Democratic senators penned an op-ed accusing their GOP colleagues of overstepping. The three senators—Sheldon Whitehouse (D-R.I.), Brian Schatz (D-Hawaii), and Martin Heinrich (D-N.M.)—also accused Republicans who oppose ESG of being anti-capitalist:

That’s one thing that can’t be done over Zoom.

One already announced Disney World theme park project looks to be officially dead.

The latest missives from high-profile CEOs could point to a major new development in the return-to-office wars.

Corporate drama pits chief executive Bob Iger against the veteran activist

"My goal is to work collaboratively with Bob Iger and other directors to take decisive action that will result in improved operations and financial performance," said billionaire investor Nelson Peltz.

Disney CEO Bob Iger is on the defensive after Trian Partners, which holds a $900 million stake in the company, published a report critical of his management and asked shareholders for a boardroom seat. The entertainment giant has seen its share price fall close to 40 percent in the past…

The company reiterates its two-year mandate for recently returned CEO as it faces proxy fight with activist investor Nelson Peltz.