Perhaps the best-known in media circles is Carl Icahn, who tangled with Time Warner and Lionsgate.
His candidacy is in opposition to the companys proposed slate of directors, which includesnew board chairman Mark Parker.
Shareholders will vote on directors at the annual meeting, usually held in March.
Bob Iger and Nelson PeltzGetty Images/Courtesy
In a filing Friday, it said it had received numerous inquiries and expressions of support from shareholders.
Disney hasnt released its proxy filing yet for the latest fiscal year, which ended last October 1.
The meeting should be pretty eventful.
Iger has a two-year contract.
Parker, who is also executive chairman at Nike, is now steering the Disney board.
Trian seems to be saying the quiet part out loud.
Disney (and others) scrapped their dividends to conserve cash during the pandemic and hasnt reinstituted it yet.
A spicy passage in one SEC filing details a full tick-tock from Trians point of view.
A meeting was finally put on the books for last week.
Previous board stints have included Procter & Gamble, HJ Heinz and Sysco.
Consumer products, not media, have generally been Peltzs wheelhouse.
On Friday, though, they slipped a fraction of a point to close at $99.40.
Nathanson pronounced himself optimistic overall that Iger will make the difficult decisions that are consistent with Trians objectives.
Disneys profitability over the long term, as a result, will be higher now than under prior leadership.
Disney hasnt faced such shareholder dissent since the early aughts.
Iger, an ABC and Disney lifer, eventually emerged from the tumult to become the companys CEO.
