US pension fund CalPERS votes for Peltz, Rasulo in Disney boardroom fight
March 29, 2024 — 07:30 pm EDT
Written by
Svea Herbst-Bayliss for
Reuters ->
NEW YORK, March 29 (Reuters) – The California Public Workers Retirement Gadget (CalPERS) talked about on Friday the U.S. pension fund has voted to elect activist funding company Trian Fund Management’s two director candidates to the board of Walt Disney Co.
“CalPERS believes Walt Disney Co will attend from fresh eyes on its board of directors and voted its firm shares in make a choice of candidates Nelson Peltz and Jay Rasulo,” the pension fund, which owned 6.65 million shares within the leisure huge at the tip of December, educated Reuters.
(Reporting by Svea Herbst-Bayliss; Editing by Paul Simao)
((svea.herbst@thomsonreuters.com; +617 233 2138; Reuters Messaging: svea.herbst.thomsonreuters.com@reuters.catch))
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