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  "documentTitle": "The Walt Disney Company (DIS)",
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  "authorName": "Nelson Peltz",
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      "kind": "callout",
      "text": "Mr. Rasulo’s experience as CFO and running the Parks & Resorts business has never been more relevant to Disney",
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      "text": "Mr. Rasulo and Mr. Iger had a constructive and close working relationship... Mr. Rasulo is not looking for an executive position in the Company.",
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      "text": "Mr. Rasulo spent three decades at Disney... As head of Parks & Resorts, he delivered high single digit revenue... During his tenure as CFO, the Company delivered compound annual returns for shareholders of ~27% and compounded EPS at a rate of ~20%...",
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      "text": "\"Mr. Rasulo’s perspective is stale given he left Disney in 2015 and has not held any executive positions in the industry since.\" — Disney Letter to Shareholders, 02/01/24; \"... Mr. Rasulo’s close relationship with Mr. Perlmutter, coupled with Mr. Rasulo’s having been passed over in the 2015 COO process despite Mr. Perlmutter’s sponsorship of him as a CEO successor, would likely inhibit Mr. Rasulo’s ability to work constructively with Mr. Iger and other executives at the Company with whom Mr. Perlmutter had clashed.\" — Disney 2024 Proxy Statement, 02/01/24; \"[Jay] has been a valued colleague and friend, as well as a vital contributor to Disney’s success, particularly in his roles as chief financial officer and chairman of our Parks and Resorts division.\" — Bob Iger",
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      "text": "Source: SEC filings, FactSet. Note: (1) Experiences segment includes Parks & Resorts and Consumer Products businesses. (2) Disney press release dated June 1, 2015.",
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