Nelson Peltz charged Wendy’s $600K for security services: filing
Wendy’s chairman and largest shareholder, billionaire Nelson Peltz, billed the fast-food giant about $600,000 in “security-related costs” last year, according to securities filings. In a disclosure that didn’t get much attention last spring, Wendy’s As stated in the power of attorney on page 116 The board approved a $596,467 refund that Peltz claimed from an […]
Nicola Peltz feels ‘blessed’ to get career advice from Victoria Beckham after alleged wedding feud
Nicola Peltz may not have wanted wedding planning help from Victoria Beckham when she married her son Brooklyn, but she loves asking her mother-in-law for career advice. “I love her. She’s such an amazing, successful woman,” Peltz, 29, said of the fashion designer. Birdie magazine cover story interview Published on Thursday. She added: I am […]
Nelson Peltz slams Disney’s investment plans as throwing ‘spaghetti against the wall’
Billionaire Nelson Peltz’s Trian Fund Management criticizes Walt Disney’s investment plans. “Plan spaghetti against the wall” It said this in a letter sent to the entertainment and media giant’s shareholders on Monday. Mickey Mouse’s home is in a proxy battle with Mr. Peltz, who wants the company to cut costs, generate Netflix-like profits from its […]
Disney tops earnings forecast amid Nelson Peltz pressure
Walt Disney Co. on Wednesday handily beat Wall Street’s profit estimates, boosted by record performance at its theme parks and continued cost-cutting efforts, even though sales fell short of analysts’ expectations. Disney’s board of directors also approved a $3 billion stock repurchase program for the current fiscal year and will pay a dividend of 45 […]
Nelson Peltz: Disney’s board has ‘self-inflicted’ wounds
Jeff Sica, founder of Circle Squared Alternative Investments, reveals Varney & Co.'s biggest Hollywood winners and losers in 2023. Activist shareholder Nelson Peltz urges shareholders to vote against entertainment giant Nelson Peltz adding another candidate to its board pushed by him and his hedge fund They're hitting back at Disney for what they asked for. […]
Activist investor Nelson Peltz calls for Disney to hit ‘Netflix-like’ streaming margins
Activist investor Nelson Peltz called on Disney to “target and achieve Netflix-like profits” and finalize a succession plan to replace CEO Bob Iger, according to a Thursday proxy filing. I swore that I would. Mr. Peltz has been feuding with Mr. Iger for more than a year, with the company's stock hitting a 10-year low, […]
Disney tells shareholders to reject Nelson Peltz, other activists’ nominees to board
Walt Disney Co. said Tuesday it “does not support” the activist nominee in a preliminary proxy statement filed with the Securities and Exchange Commission. Disney CEO Bob Iger said in a letter to investors that the company has embarked on an “unprecedented transformation,” revamping its leadership team and streamlining operations to improve cost efficiency. He […]