Disney is facing a proxy fight as Nelson Peltz’s activist firm Trian Fund Management pushes for a seat on its board. Peltz spoke Thursday on CNBC’s “Squawk on the Street,” maki...
Tag: Mark Parker
Disney opposes Nelson Peltz push to join board, names Mark Parker chairman
The Walt Disney Company on Wednesday afternoon said it opposes activist investor Nelson Peltz’s attempt to join its board. Disney also named Mark Parker, the executive chairman of Nike, its next...
When CEOs Take A Pay Cut, What Difference Does It Make?
When firms are in trouble, it’s not unusual for CEOs to cut their own salaries. As the pandemic wreaked havoc on the economy, many executives opted to receive smaller wages. Whether this helps the com...