Bob Iger On Succession, Nelson Peltz, Elon Musk & “Woke” Content Day After Disney Wins Proxy Battle

Bob Iger took a victory lap this morning, a day after the company fended off activist investor Nelson Peltz in a fierce proxy battle. In an interview on CNBC, he said the fight had one positive, getting the company in closer tough with investors as it lobbied for its board slate.

Peltz didn’t have much strategically to offer but he dug in on succession, as the cable net’s David Faber did today. “Clearly shareholders care about it, given what the company has been through,” Iger said. A board succession committee led by chair Mark Parker met seven times last yead and will meet more this year to identify the right person at the right time before his contract ends in 2026.

“They are treating it with a sense of urgency,” he said. The Peltz battle “did increase the engagement that we had with shareholders, and that’s a good thing.”

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