Entertainment
Dimon Voices Support for Bob Iger Amid Proxy Fight at Disney
- ‘Putting people on a board unnecessarily can harm a company’
- Trian accuses Disney of leaning on bankers for endorsements
Jamie Dimon
Photographer: Ting Shen/BloombergThis article is for subscribers only.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon endorsed Bob Iger, the Walt Disney Co. chief embroiled in a proxy battle with billionaire activist investor Nelson Peltz’s Trian Fund Management.
“Bob is a first-class executive and outstanding leader who I’ve known for decades. He knows the media and entertainment business cold and has the successful track record to prove it,” Dimon said in a statement provided by the bank. CNBC reported his view earlier Wednesday.