There is 'a lot of faith in' Disney CEO Bob Iger: Former exec.

04/03/2024 22:04
There is 'a lot of faith in' Disney CEO Bob Iger: Former exec.

Disney (DIS) is reportedly set to win its boardroom battle against activist investor Nelson Peltz, according to Reuters, with the official shareholder vote set to be released on Wednesday. Was this proxy fight enough to cause palpable change for the entertainment company's business? Former Walt Disney World Resort Executive Vice President of Operations Lee Cockerell joins Morning Brief to discuss the proxy battle between Disney and Peltz, how the business may shape up moving forward, and a future vision for Disney. Cockerell, currently known as a leadership and management strategist, comments on Disney CEO Bob Iger's influence on the company: "The main issue is fixing streaming, the media business, and I think Bob has that under control as far as he knows what to do, now it will be how you do it and can you get it done quick enough? But, Disney people have a lot of faith in Bob Iger, his ability as a good leader and a good manager, and so he creates the right environment for our teams at Walt Disney World at the parks." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Nicholas Jacobino

Disney (DIS) is reportedly set to win its boardroom battle against activist investor Nelson Peltz, according to Reuters, with the official shareholder vote set to be released on Wednesday. Was this proxy fight enough to cause palpable change for the entertainment company's business?

Former Walt Disney World Resort Executive Vice President of Operations Lee Cockerell joins Morning Brief to discuss the proxy battle between Disney and Peltz, how the business may shape up moving forward, and a future vision for Disney.

Cockerell, currently known as a leadership and management strategist, comments on Disney CEO Bob Iger's influence on the company: "The main issue is fixing streaming, the media business, and I think Bob has that under control as far as he knows what to do, now it will be how you do it and can you get it done quick enough? But, Disney people have a lot of faith in Bob Iger, his ability as a good leader and a good manager, and so he creates the right environment for our teams at Walt Disney World at the parks."

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

Editor's note: This article was written by Nicholas Jacobino

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