James a rasulo biography definition
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Weekly Activism & Executive Moves Review (April 5)
1-Yr TSR: -70.4%
1.8 yrs ; -37.0% TSR
1-Yr TSR: 98.4%
11.9 yrs ; -2.8% TSR
(interim)
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Trian Files Preliminary Proxy Statement for Disney’s 2024 Annual Meeting
NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Trian Fund Management, L.P. (together with its affiliates, “Trian”, “our”, “we” or “us”), which beneficially owns $3 billion of common stock in The Walt Disney Company (NYSE: DIS) (“Disney” or the “Company”), today filed a preliminary proxy statement with the Securities and Exchange Commission (“SEC”) in connection with its nomination of Nelson Peltz and James A. (“Jay”) Rasulo for election to the Disney Board of Directors (the “Board”) at the Company’s 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”).
“It is unfortunate that a company as iconic as Disney and with so many challenges and opportunities has refused to seriously engage with us, its largest active shareowner, about board representation,” said Nelson Peltz, Trian’s CEO. “Instead of having a boardroom that would include directors with an ‘ownership mentality’ that can bring fresh perspectives to the Company’s challenges, Disney is resisting change and asking shareholders to endorse a Board comprised mainly of legacy directors (and their hand-picked successors) who have repeatedly failed to properly plan for CEO succession, misaligned the incentives of management, and failed to oversee
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Disney Experiences
Theme park and travel division of The Walt Disney Company
Formerly |
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Company type | Division |
Founded | April 1, 1971; 53 years ago (1971-04-01) |
Headquarters | Lake Buena Vista, Florida U.S. |
Number of locations | 6 |
Area served | Mainland China, France, Hong Kong, Japan, United States |
Key people | Josh D'Amaro (chairman) |
Parent | The Walt Disney Company |
Subsidiaries | |
Website | Official Website |
Footnotes / references [1][2][3] |
Disney Experiences,[a] commonly known as Disney Parks, is one of the three major divisions of the Walt Disney Company.[4][2] It was founded on April 1, 1971, exactly six months before the opening of the Walt Disney World Resort.
Led by Josh D'Amaro, the company's theme parks hosted over 157.3 million guests, making Disney Parks the world's most visited theme park company worldwide,[5] with United Kingdom-based Merli