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$3B Disney bet caused Nelson Peltz’s hedge fund to underperform in 2023: source

A $3 billion bet on Walt Disney by Nelson Peltz's Trian Fund Management was compared to the investment management firm's activist hedge fund, according to financial details provided to Reuters by Trian investors. This was the main reason for last year's poor performance. The previously unreported details illustrate the high financial stakes for Tryon as […]

Disney CEO Bob Iger’s pay hits $31.6M as struggles to rebuild

Disney Chief Executive Officer Bob Iger has announced that his 2023 pay will rise even as the struggling entertainment giant struggles to rebuild and fend off attacks from activist investor Nelson Peltz. It was expected to reach $31.6 million. Mr. Iger's salary package included a base salary of $865,385, plus $16.1 million in stock compensation, […]

Disney CEO Iger pulls in massive pay package

Jeff Sica, founder of Circle Squared Alternative Investments, reveals Varney & Co.'s biggest Hollywood winners and losers in 2023. Disney CEO Bob Iger implemented cost-cutting measures last year, including laying off thousands of employees, and raised millions of dollars in a battle with activist investor Nelson Peltz. The company reported in an SEC filing Tuesday […]