The investor abandoned his proxy fight with Disney in February.
Trian declined comment, as did Disney.
Bob Iger had returned to helm Disney in November, replacing Bob Chapek.
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He announced sweeping layoffs and structural shifts.
We were also pleased to see the Companys pledge to restore the dividend.
Now its about execution and ensuring best in class corporate governance going forward.
We will be watching and rooting for the Companys success, Trian said Feb. 9.
But the shares are well below a 2023 high of about $111 in January.
Disney also wants to buy out Comcasts stake in Hulu.
The changes are ongoing.
The company ha said its on track to surpass $5.5 billion in cost savings.
Disneys fiscal year ends Sept 30.
It reports fourth-quarter and full year results on Nov. 8.
