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   From: democrat-criminals@mail.house.gov   
      
   https://mynewsla.com/hollywood/2024/01/03/blackwells-capital-nominates-3-   
   for-disney-board-as-proxy-war-escalates/   
      
   Adding fuel to a simmering proxy war over control of the Burbank-based   
   Walt Disney Co., the Blackwells Capital group Wednesday nominated three   
   people for positions on the Disney Board of Directors in a show of support   
   for company CEO Bob Iger.   
      
   The move is a counter-offensive to last month’s announcement by activist   
   investor Nelson Peltz’s Trian Management Fund that it was nominating two   
   people — including Peltz — for spots on the board. Peltz has been highly   
   critical of Iger’s leadership and the direction of the entertainment   
   giant.   
      
   All of the nominations for the board will be presented to Disney   
   shareholders during the company’s annual meeting this spring.   
      
   In a statement announcing its board nominees, Blackwells condemned the   
   proxy battle being waged by Peltz and Trian as “a contrived campaign that   
   is disconnected from the needs of Disney stakeholders.” The firm argued   
   that neither Peltz nor Trian’s other nominee — former Disney CFO James   
   Rasulo — has “the skillsets Trian claims the board lacks.”   
      
   “Rather, we believe Mr. Peltz’s latest effort is driven by animus against   
   Mr. Iger, and an ego-driven urge to claim credit for a transformation   
   already underway,” according to Blackwells.   
      
   Blackwells’ nominees for the board are former Warner Bros. and NBC   
   Universal executive Jessica Schell, real estate executive and Tribeca Film   
   Festival co-founder Craig Hatkoff, and venture capitalist and TaskRabbit   
   co-founder Leah Solivan.   
      
   Blackwells also proposed that any current Disney board members who might   
   be displaced by one of Blackwells’ nominees be immediately reinstated   
   through an expansion of the board.   
      
   “Blackwells’ highly qualified candidates have the necessary backgrounds   
   and expertise to support Mr. Iger’s efforts constructively, and complement   
   the board,” according to a Blackwells statement. “The Trian nominees, and   
   the reductive nature of its campaign do not provide shareholders those   
   benefits.”   
      
   Disney issued a statement Wednesday saying only that it has “an   
   experienced, diverse, and highly qualified board that is focused on the   
   long-term performance of the company, strategic growth initiatives   
   including the ongoing transformation of its businesses, the succession   
   planning process, and increasing shareholder value.”   
      
   Disney officials said the company’s Governance and Nominating Committee   
   will review the proposed Blackwells nominees and “provide a recommendation   
   to the board as part of its governance process.”   
      
   Trian Fund Management announced last month that it was nominating Peltz   
   and Rasulo for seats on the Disney board. Peltz had fought for a spot on   
   the board earlier last year, but he dropped the effort in February when   
   Iger announced a massive restructuring plan that included 7,000 layoffs   
   and $5.5 billion in cost cuts.   
      
   In late November, however, Trian announced it was renewing the proxy   
   battle, expressing dissatisfaction with the company’s direction. The   
   company announced then that it planned to “take our case for change   
   directly to shareholders.”   
      
   In a statement last month, Peltz said, “As Disney’s largest active   
   shareholder, we can no longer sit idly by as the incumbent directors and   
   their hand-picked replacements stand in the way of necessary change, and   
   peers and competitors continue to outperform.”   
      
   “In our view, Disney’s Board has failed to fulfill its essential   
   responsibilities — overseeing the development of an effective strategy,   
   planning for orderly succession, aligning executive pay with performance,   
   and ensuring accountability for operational execution,” Peltz said.   
   “Shareholder-led board refreshment with focused and aligned directors who   
   are accountable to the owners of the company is long overdue.”   
      
   Disney officials have said there is an ulterior motive behind the Trian   
   proxy fight, noting Peltz’s ties with former Marvel Entertainment chairman   
   Isaac Perlmutter, who was fired by Disney in March.   
      
   “Mr. Peltz, in partnership with Isaac Perlmutter, a former Disney   
   executive, intends to take its case to shareholders,” according to   
   Disney’s statement in November. “Mr. Perlmutter owns 78% of the shares   
   that Mr. Peltz claims beneficial ownership of, or more than 25 million of   
   the 33 million shares. This dynamic is relevant to assessing Mr. Peltz and   
   any other nominees he may put forth as directors, as Mr. Perlmutter was   
   terminated from his employment by Disney earlier this year and has voiced   
   his longstanding personal agenda against Disney’s CEO, Robert A. Iger,   
   which may be different than that of all other shareholders.”   
      
   Right.  In order for the there to be an agenda against, there must be   
   compelling reason(s).   
      
   After the repeated failures of Disney remakes by woke producers and weak   
   unrepresentative supporting casts, it's time for Blackwell to be removed   
   from all facets of Disney.  If Iger becomes a casualty of that, so be it.   
      
   His weakness and failure to address personnel activism is why Disney is in   
   the mess it is today.   
      
   --   
   We live in a time where intelligent people are being silenced so that   
   stupid people won't be offended.   
      
   Durham Report: The FBI has an integrity problem.  It has none.   
      
   No collusion - Special Counsel Robert Swan Mueller III, March 2019.   
   Officially made Nancy Pelosi a two-time impeachment loser.   
      
   Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden   
   fiasco, President Trump.   
      
   Under Barack Obama's leadership, the United States of America became the   
   The World According To Garp.  Obama sold out heterosexuals for Hollywood   
   queer liberal democrat donors.   
      
   President Trump boosted the economy, reduced illegal invasions, appointed   
   dozens of judges and three SCOTUS justices.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)