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  "documentTitle": "Disney | Shareholder Engagement Presentation Deck | 66 slides",
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  "authorName": "The Walt Disney Company",
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  "notes": "Uses a classic 'say vs. fact' structure to undermine credibility.",
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      "text": "Served on 8 boards; Only 1 has outperformed the TSR of the S&P annually; Average board performance has been ~1,500bps WORSE annually than the S&P; Median board performance has been ~1,000bps WORSE annually than the S&P",
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      "text": "Served on 14 boards; Only 6 have outperformed the total shareholder return (TSR) of the S&P annually; Average board performance has been ~50bps WORSE annually than the S&P; Median board performance has been ~250bps WORSE annually than the S&P",
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      "text": "I have probably served on more boards than anybody that I know ... whatever Board it was, has outperformed the S&P by 900bps annually",
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      "text": "Source: FactSet as of 01/22/24...",
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      "text": "WHAT NELSON PELTZ SAYS vs THE ACTUAL FACTS",
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