Disney board nominates dozen nominees that does not include activist investors

Walt Disney Co.
SAY,
+2.99%

The board on Tuesday named a slate of 12 directors that notably left out activist investors from Trian Fund Management (Nelson Peltz, James Rasulo) and Blackwells Group (Craig Hatkoff, Jessica Schell, Leah Solivan), all of whom both been very critical of the Disney chief. Executive Robert A. Iger. Instead, the company unanimously recommended current board members, including: General Motors Co.
general manager,
+0.37%

CEO Mary T. Barra; Oracle Corp.
ORCL,
-0.03%

CEO Safra A. Catz; Amy L. Chang, former senior executive at Alphabet Inc.
GOOGLE,
-0.11%

GOOD,
-0.11%

Google and Cisco Systems Inc.
CSCO,
+0.50%

; former Sky CEO D. Jeremy Darroch; Carolyn N. Everson, former Instacart executive
CART,
+3.42%,
Meta Platforms Inc., parent company of Facebook.
META,
-1.88%

and Microsoft Corp.
MSFT,
+0.46%

; Michael BG Froman, former vice president and president of strategic growth at Mastercard Inc.
MY,
-0.17%

; James P. Gorman, former CEO of Morgan Stanley
MS,
-4.16%

; Iger; Maria Elena Lagomasino; Calvin R. McDonald, CEO of Lululemon Athletica Inc.
LULU,
-1.92%

; Mark G. Parker, chairman of Disney; and Derica W. Rice, former CVS Health Corp. executive.
CVS,
+1.12%

and Eli Lilly and Co.
THERE IS,
-1.30%.
Disney also revealed that Iger’s total salary last year was valued at $31.6 million, compared to $45.9 million in 2021, his last full year of employment at the company.