Hunt for Disney CEO Bob Iger’s successor kicks into high gear

Hunt for Disney CEO Bob Iger’s successor kicks into high gear

With Walt Disney‘s months-long proxy war with activist investor Nelson Peltz in the rear-view mirror, attention is refocused on finding CEO Bob Iger‘s successor. The board has extended Iger’s retirement date five times, continually deferring decisions about finding a replacement. Disney board members sought to reassure investors, ahead of Wednesday’s shareholder vote, that this time … Read more

Unilever’s soap opera: M&A, job cuts, Nelson Peltz joining board

Unilever’s soap opera: M&A, job cuts, Nelson Peltz joining board

Unilever appointed Nelson Peltz to its board on Tuesday as it engaged in talks about strategy with the American activist investor, who now holds a roughly 1.5% stake in the consumer goods giant. The maker of Dove soap and Magnum ice cream has had a bumpy few years, with shares falling about a quarter from … Read more