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  "documentTitle": "The Walt Disney Company (DIS)",
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  "presentationDate": "2024-03-01 00:00:00",
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  "notes": "Uses a combination of a comparative bar chart and a cumulative bar chart to illustrate misalignment.",
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      "text": "Disney's non-management Directors comprise current and former CEOs of some of the largest companies in the world, but they collectively own only ~$15 million of Disney stock – representing just 0.008% of Disney's shares outstanding and much of which was received as Director's fees paid in Disney shares",
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      "text": "Cumulative Net Value of Disney Shares Sold by Mr. Iger",
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      "kind": "metric",
      "text": "Beneficial Ownership: $3bn+",
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      "text": "We believe that Disney's Directors do not act like owners because they own relatively little stock – almost none of which was purchased themselves.",
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      "text": "Source: SEC filings, FactSet. Note: (1) Represents market value of Disney shares held by all Disney non-management Directors and Bob Iger... (2) Robert A. Iger stock sold represents the cumulative net value of Disney shares sold since 2005...",
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      "text": "Board's Lack of Ownership Creates Misalignment",
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