On January 18, 2023, Trian Fund Management announced that it currently pushing for changes plus a board seat at the Company. In addition, Trian's co-founder, Nelson Peltz, has criticized the Company for bungled succession planning and raising costs at its streaming service and he is pushing for a board seat, arguing he has the operational know-how to help repair the damage. Further, the Company is denying Peltz a board seat, stating that Peltz 'lacked the skills and experience' to help the media and entertainment giant.
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- Trian Fund Management Pushes for Seat at Disney