ET / 10 a.m. PT.
(Polls officially close at 11:59 p.m. Fumbled regime change became Peltzs rallying cry, far more compelling that his thoughts on strategy.
Its the reason the race was so hard-fought.
Disney and its CEO, Bob Iger, are working to identify his successorGetty Images
It still really bugs me.
Peltz presence could reassure other investors that the board is properly engaged this time around, ISS said.
Reports have indicated Disney has the edgein the vote.
Igers contract, already extended once since his 2022 return, is set to run through 2026.
Regardless of whom is anointed, some damage has been done.
Another industry insider put it more bluntly: Someone needs to tell Bob, no ones irreplaceable.
Rasulo left Disney in 2015.
Staggs exited in 2016.
Im sure in hindsight he would have chosen Kevin Mayer, the analyst said.
Its about succession and governance.
There needs to be some change on how this board sees its role, he said.
… Its largely an inward-focused board.
you might see the shareholders are conflicted, says another analyst.
Succession now will be a much more thorough process …
I think they had to have learned the first time.
