Trian Comments on Preliminary Results of Disney (DIS) Annual Meeting

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Trian Comments on Preliminary Results of Disney Annual Meeting

April 3, 2024 1:25 PM EDT

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns over $3.5 billion of common stock in The Walt Disney Company (NYSE: DIS), today commented on the preliminary results from Disneys 2024 Annual Meeting of Shareholders, which indicated that Nelson Peltz and Jay Rasulo were not elected to Disneys Board of Directors.

Trian issued the following statement on todays results:

While we are disappointed with the outcome of this proxy contest, Trian greatly appreciates all of the support and dialogue we have had with Disney... More