It was a months-long bitter and costly fight.
Another firm, Blackwells, had three nominees that never got much traction.
Peltz received less than 31% of the vote.
Bob Iger and Nelson PeltzGetty Images
CEOBob Iger, also on the board of course, had 94% support.
Trian had advised shareholders to withold votes from Lagomasino.
I want to thank our shareholders for their trust and confidence in our Board and management.
Most voting closed last night.
Reports this week had Disney ahead but there were times earlier when the race felt close.
It also slammed Peltz ties with Ike Perlmutter, who contributed his significant stake in Disney to Trians efforts.
Peltz pushed back on all of it.
Froman, James P. Gorman, Calvin R. McDonald and Derica W. Rice.
This was Trians second tussle with Disney.
It started a proxy fight before last years annual meeting but backed down.
This time it went the distance.
he said Trian was disappointed.
The company has said all decisions were organic, nothing to do with Peltz.
Disneys stock is down more than 2% after the vote.
