The move, part of a cost-cutting campaign, followed Mr. Perlmutter’s unsuccessful effort to shake up Disney’s board. Read More
Peltz, Nelson
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Back to news homeActivist Investor Nelson Peltz Ends Battle for Disney Board Seat
Behind the scenes at Disney on Thursday, senior executives were giddy. The activist investor Nelson Peltz, in a surprise morning phone call to CNBC, had ended his attempt to install […]
Disney To Lay Off About 7,000 Employees as It Cuts $5.5 Billion in Costs
Robert A. Iger gave Disney’s corporate critics the equivalent of a punch in the mouth on Wednesday.In his first earnings report since he came out of retirement to retake the […]
Disney’s Iger Returns to Familiar Stage, but With Different Challenges
Even in decline, traditional television remains Disney’s largest business, delivering $8.5 billion in operating income in the fiscal year that ended in October.Disney and other old-line media companies are facing […]
How Chemours and DuPont Avoid Paying for PFAS Pollution
A Blame-Shifting ExerciseThe transactions that created Chemours and reinvented DuPont laid the groundwork for a blame-shifting exercise that has made it difficult for regulators and others to hold anyone accountable […]