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The Walt Disney Company is preparing for a big day this April and is enlisting favorite Disney animated pals to help prepare shareholders. Check out details from the new video just released to help explain how shareholders should vote.
Shareholder Voting
In preparation for the 2024 Annual Meeting of Shareholders, The Walt Disney Company Board of Directors disclosed its recommended slate of 12 nominees. When the time comes, shareholders will cast their votes.
The board is unanimous in its recommendation to shareholders. The recommended nominees are: Mary T. Barra, Safra A. Catz, Amy L. Chang, D. Jeremy Darroch, Carolyn N. Everson, Michael B.G. Froman, James P. Gorman, Robert A. Iger, Maria Elena Lagomasino, Calvin R. McDonald, Mark G. Parker, and Derica W. Rice.
Previously, we shared that the Walt Disney Company is not endorsing Nelson Peltz.
April 3rd Shareholder Meeting
Professor Ludwig von Drake is the other uncle of Donald Duck who is often seen in a white lab coat in animated films. He was the first animated character that Walt Disney created exclusively for television. Von Drake first appeared in Walt Disney’s Wonderful World of Color back in 1961.
Now the Walt Disney Company is enlisting the help of Professor Ludwig Von Drake once again. A new video featuring Von Drake can now be viewed on the votedisney.com website.
Shareholders will be receiving white proxy cards in the mail or by email within the next several weeks. All votes must be submitted by April 2, 2024, by 11:59 pm (ET).
In the video, shareholders are encouraged to vote only for the 12 Disney nominees. They even share an image of how to complete the voter card.
The video states NOT to vote for the Trian Group, including Nelson Peltz, or the Blackwells Nominees. Furthermore, shareholders are told to not use the blue (Trian Group) or the green card (Blackwells). Shareholders are encouraged to vote regardless of their number of shares.
If shareholders have further questions they can call Innisfree M&A Incorporated at (877)456-3463 for the United States and Canada. All other countries may call +1(412)232-3561.
Shareholders are encouraged to vote regardless of their number of shares.
What do you think of this shareholder vote? Are you a Disney shareholder? How would you vote for this election? Share your thoughts with us and share this news with your Disney pals.
Share the love!
RandyC
Tuesday 6th of February 2024
New blood is needed in Disney's leadership. I would not vote in favor of Disney's recommended board members. Bob Iger's return has been a complete disaster. He may have been a disaster before, only helped and camouflaged by the good work of others.
JW
Monday 5th of February 2024
Ha! Disney needs a major change in leadership in my opinion. Current leaders don't understand the "Disney magic" and care little about anything buy profits. (I say that as a stockholder who has seen the value of stock nosedive the more "woke" Disney has become. It's all about cutting services and raising prices. So I will be voting the opposite of what Disney wants. There needs to be significant change and it's obvious Iger isn't the answer at this point.
Disney Boy
Monday 5th of February 2024
I don't know. I have heard Nelson's companies tend to underperform.