Including Iger, Disney’s 12-member slate received the overwhelming votes of shareholders, with nearly 75% of retail shareholders backing the company, we hear. On the specifics, after all the millions spent, Peltz got 31% of the vote. The Wendy’s chairman came up short to Disney slate nominee and company director Maria Elena Lagomasino by a hard 2 to 1 margin.
Peltz lost to Lagomasino by a 2-to-1 margin, a person familiar with the matter said. Retail voters overwhelmingly supported Disney, that person added, helping to deliver Iger 94% of the overall vote. Former Disney Chief Financial Officer Jay Rasulo, whom Trian also nominated, lost to Lagomasino by an even larger 5-1 margin. The person characterized it as Peltz’s largest loss ever.
Percentage-wise, turnout for the director vote was in the mid-60s, another person familiar with the matter said. In 2023, around 63% of Disney shareholders voted.
