Abigail Disney Disney’s shareholders are one of the signs on a letter supporting CEO Bob Igar. JP Yim/Getty Images
The proxy war with the hedge fund billionaire Nelson Peltz of the Walt Disney Company (DIS) has forced Disney Waris to speak. Walt Disney and his brother and Kofounder, Roy Disney’s grandson, Roy Disney wrote on yesterday (February 29) to show his rejection to Disney’s shareholders and throwing support behind CEO Bob Igar and members of former Disney Chief Financial Officer, Peltz and Jasulo’s board members.
Four grandchildren of Roy Disney: Roy P. Two letters of Disney, Susan Disney Lord, Abigail Disney and Tim Disney were signed for a long time. The 64 -year -old Abigail Disney is a vocal member of the Disney family, who has expressed IGER rejection in the past on its huge salary package. But this time, he and other descendants of Roy Disney showed the support of the current leadership of Disney led by Igar, stating that the team understands his family’s vision and the company’s “magic”.
“They understand that the longevity of the Walt Disney Company is not only the result of smart business decisions;” The letter stated, “This lies in a strong emotional relationship Disney continues with generations of people around the world.”
He called activists “wolves in sheep clothing just waiting for Disney”. He called an attempt to an attempt to acquire a hostile acquisition in 1984 to be led by Peltz, an associate of Peltz, Steinberg. The acquisition was unsuccessful.
While being perfect for Disney Storytelling, the letter compared the activists to the villain. “Disney’s stories are full of heroes and villains. We know who the villains are in this story, and we know that they cannot be assigned to protect the rich heritage of this company or guide its bright future. ,
Peltz, the founder of Trean Partners, launched his campaign against the Disney Board in January 2023 when he announced that he was going to run for a board seat to gain impact on the company. He brought it to the rasulo for leverage last December. The Board of Disney told the shareholders in early February that they do not support the enrollment brought by train partners or any other rival groups, including other activists nominated by other activists at Blackwells Capital.
In a separate small letter, Valt Disney’s grandson, including Walter Elias Disney Miller, Tamara Dyne Miller, Jennifer Miller-Goff and Joana Sharon Miller, also showed support for Egger. Waris wrote, “Bob Igar has grown this company in a modern world, and he maintains a balance of creativity and profit.” “It has been a challenging time, but this current management has adjusted and developed through those challenges.”