Nelson Peltz’s Negative Remarks Regarding Disney’s CEO Decision

Nelson Peltz — the co-founder and CEO of Trian Fund Management who previously lost two proxy fights for a seat on Disney’s board — thinks Bob Iger chose Disney Experiences chair Josh D’Amaro as his successor so he would have an excuse to stick around. Nelson Peltz D’Amaro was chosen as CEO over Disney Entertainment co-chair Dana Walden, who will instead be named President and Chief Creative Officer. “Iger needs a reason to stay on,” said Peltz in an interview at The Wall Street Journal’s Invest Live event. “And if he put the person in charge of entertainment as the CEO, he wouldn’t have an excuse to stay on....