From Fortune:

Disney has been embroiled in a battle with activist investor Nelson Peltz, who is demanding a board seat and threatening a proxy contest. Peltz lacks experience in the media industry and his track record of adding value to companies is underwhelming. His demands seem to be motivated by a personal vendetta against Disney CEO Bob Iger, rather than a genuine desire to improve the company’s performance.
Walt Disney Co. is facing a proxy fight from activist investor Nelson Peltz, who has demanded a board seat and is threatening a proxy contest. Peltz has a poor track record of adding value to companies and lacks experience in the media industry. His motives seem to be driven by a personal vendetta against Disney CEO Bob Iger rather than genuine concern for the company’s performance.



Read more: Nelson Peltz is still trying to get seats on Disney’s board–but Bob Iger is no easy target for the activist investor’s 25th attempt to take control of the company