{
  "docId": "019de076-fd9d-73d2-8e05-3055a9cfa543",
  "docSlug": "90f942664dc4b257b81b443a064a153d",
  "documentTitle": "Disney | Shareholder Engagement Presentation Deck | 66 slides",
  "authorId": "disney",
  "authorName": "The Walt Disney Company",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7744917,
  "pageNumber": 49,
  "pageCount": 66,
  "prevPage": 48,
  "nextPage": 50,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 19,
  "notes": "The chart uses a split-bar design to contrast positive and negative TSR relative to the S&P 500.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de076-fd9d-73d2-8e05-3055a9cfa543/49",
  "deckHref": "/decks/019de076-fd9d-73d2-8e05-3055a9cfa543",
  "deckJsonHref": "/decks/019de076-fd9d-73d2-8e05-3055a9cfa543.json",
  "deckAnchorHref": "/decks/019de076-fd9d-73d2-8e05-3055a9cfa543#slide-49",
  "components": [
    {
      "bbox": {
        "h": 0.55,
        "w": 0.9,
        "x": 0.05,
        "y": 0.28
      },
      "kind": "chart",
      "text": "Bar chart showing relative TSR performance for various companies",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "78ce66b7-144c-429c-9571-3daffcac35a5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.9,
        "x": 0.03,
        "y": 0.22
      },
      "kind": "paragraph",
      "text": "But when using a complete dataset, Peltz or Trian involvement on boards resulted in TSR underperformance versus the S&P 500 in ~68% of cases",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b5ad02de-0d05-4715-b17c-b4c29010f07b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.9,
        "x": 0.03,
        "y": 0.16
      },
      "kind": "paragraph",
      "text": "Peltz claimed: \"I have probably served on more boards than anybody that I know ... whatever Board it was, has outperformed the S&P by 900bps annually\"",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d625e10a-4d35-4b69-936a-76cac7eaa1cb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.95,
        "x": 0.03,
        "y": 0.9
      },
      "kind": "source-note",
      "text": "Source: FactSet as of 02/23/24. ...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3c151893-5682-4f9a-87b6-040665c6bcaa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.6,
        "x": 0.08,
        "y": 0.05
      },
      "kind": "title",
      "text": "Peltz’s investment returns relative to his benchmark do not support his rhetoric ...",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "306cddf1-1d12-4d16-b15f-ba9a860bb3fc",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "ceo-quote-contradiction",
      "slug": null,
      "matchId": "8a78453c-f49c-4ac9-921d-db207b5a06e4",
      "evidence": "Contrasts a specific CEO quote with empirical data to undermine credibility.",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 66,
      "from": 20,
      "beatId": "e9631bee-9a5d-46fe-b3bc-e6226ede5fbe",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Solution (Provide relief)",
      "beatSlug": "problem-agitate-solution-solution-provide-relief",
      "evidence": "The document offers a solution through Disney's strategic transformation, focusing on core brands and franchises, building leading global streaming platforms, and investing in Experiences.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}