Squawk on the Street
Nelson Peltz Interview: Activist Investor Speaks Out on Disney Proxy Fight, Board Seat Rejection. 01/18/24
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Show notes
Billionaire activist investor and Trian Partners CEO Nelson Peltz appeared on "Squawk on the Street." He responded to Disney's decision to reject his firm's nominees (including Peltz) for seats on the media giant's board. Peltz told Jim Cramer, David Faber and Carl Quintanilla that Disney is not being run properly and has underperformed the S&P 500 on every measure. He also slammed oversight of the company's board. Also in focus: Apple jumps on BofA upgrade, Humana tumbles and drags down health insurance rivals after cutting guidance, Sheryl Sandberg to depart Meta's board, job cuts at Alphabet, Nvidia's new year rally.
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