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DIS Mar 2023 75.000 call

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  • Reuters

    Disney investors await CEO Iger's revival plan with results on tap

    Walt Disney Co CEO Bob Iger is expected to discuss a turnaround plan on Wednesday, when the media company delivers its first quarterly results since the return of the executive who built the modern incarnation of Disney. As anxiety sweeps across the rank and file at the entertainment conglomerate, according to employees and company observers, investors said they anticipate Iger will articulate a new vision for the company he built and ran for 15 years. Disney and Iger are under pressure from activist investor Nelson Peltz, chief executive of Trian Fund Management, who has launched a proxy battle to place him on the board.