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  "notes": "The slide uses negative TSR values in parentheses to highlight underperformance relative to the S&P 500.",
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      "text": "While Bob Iger just \"re-joined\" the Board, he has essentially served on the Board since 2000 with only a short respite from January - October 2022 (~10 months)\nThere are still several current directors and members of management who oversaw and approved some of Disney's worst corporate governance and strategic failures, including overpaying for the Fox acquisition, the expanding streaming losses, and \"over-the-top\" compensation packages granted to Bob Iger",
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      "text": "Source: SEC filings, FactSet as of 1/10/23. Note: Board members shown represent Disney's current Board composition as of December 2022; Total Shareholder Return (\"TSR\") defined as the total return an investor would receive if they purchased one share of stock on the first day of the measured period, inclusive of share price appreciation and dividends paid. (1) TSR Measured from January 2000, when Iger was named President and Chief Operating Officer, as well as a member of Disney's Board of Directors. (2) Joined Disney's Board effective November 2022.",
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      "text": "Disney Director, Tenure (Yrs), Disney TSR During Tenure, S&P 500 TSR During Tenure, Difference",
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      "text": "Disney Has Underperformed Under this Board's Watch",
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