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Friday, Jun 2, 2023

Disney Board Re-Elected by Sharholders

Shareholders of The Walt Disney Co. re-elected the 11 members of the media and entertainment conglomerate’s board of directors during its annual meeting taking place in New Orleans. Preliminary results showed that 98 percent of the shares voted for the board members, which included Disney President and CEO Robert Iger, Apple Computer head Steven Jobs, and new board chairman John E. Pepper, Jr. Final voting tallies will be certified by the company’s inspector of elections and be filed in the next quarterly report with the U.S. Securities and Exchange Commission. “Disney is a collection of vibrant, creative engines that we manage in a consistent and integrated way,” Iger told the investors. “This combination of assets and management philosophy gives us a unique competitive advantage as well as extraordinary opportunities to grow and build real shareholder value for years to come.” The other members elected to the board are John E. Bryson, John S. Chen, Judith L. Estrin, Fred H. Langhammer, Aylwin B. Lewis, Monica C. Lozano, Robert W. Matschullat, and Orin C. Smith.

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