ENTERTAINMENT

A Shareholder Revolt Build Bob Iger in Vitality. One more One Could per chance Strip Him of It

The showdown between Disney CEO Bob Iger and an activist investor neighborhood culminating at Wednesday’s annual assembly received’t be the indispensable time the entertainment big has stared down a shareholder revolt. In actuality, the closing time this came about, Iger emerged the stout winner.

Two a protracted time ago, Disney’s board stripped Iger’s predecessor Michael Eisner of his chairman title following the Attach Disney advertising campaign led by founder Walt Disney’s nephew Roy E. Disney and his investor partner Stanley Gold. As the smoke cleared, the Disney board handed the CEO reins to Iger, then Eisner’s No. 2, in 2005. 

Disney has no longer too long ago steeped itself in legacy sequels, returning to franchises a protracted time after the truth.

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