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  "documentTitle": "The Walt Disney Company (DIS)",
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  "authorName": "Nelson Peltz",
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      "text": "Further, appointing Bob Iger as Executive Chairman for 2 years as an outgoing CEO in our view was a very risky corporate governance decision as it set up his successor to fail with the prior CEO constantly watching over their shoulders - this is exactly what transpired",
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      "text": "Most notably, the Board extended Bob Iger’s agreed upon retirement date five separate times between October 2011 and December 2017. By continuing to extend Bob Iger’s contract, rather than actively developing potential successors, we believe several well-regarded candidates left the Company, including Tom Staggs, Jay Rasulo and Kevin Mayer. Further, appointing Bob Iger as Executive Chairman for 2 years as an outgoing CEO in our view was a very risky corporate governance decision as it set up his successor to fail with the prior CEO constantly watching over their shoulders – this is exactly what transpired",
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      "text": "Source: SEC filings, Press releases, Bloomberg, CNBC.",
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      "text": "CEO Succession Has Been a Long Time Issue for Disney’s Board",
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