Forbes - How Activist Investors Are Shaping Your Financial Future
Oct 18, 2023
As a shareholder of The Walt Disney Company, you might be curious about Nelson Peltz and his recent interest in the board seats of the company. Peltz, via his Trian Fund, holds a significant stake in Disney - over $2.5 billion or around 30 million shares. This is notable since Disney has been facing financial challenges.
Trian Fund, branding itself as a “highly engaged shareowner”, aims to revitalize underperforming companies by collaborating with management for sustainable earnings growth. Their interest in Disney hinges on the belief that its shares are considerably undervalued, necessitating a more aligned, accountable, and focused board. Beyond Disney, Peltz holds influential positions in other major firms. He's the non-executive chairman at The Wendy’s Company and has board roles at Unilever and Madison Square Garden Sports Corp. His proactive approach in corporate governance is well-known in the business world.