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  "documentTitle": "Trian Partners | Activist Presentation Deck | 30 slides",
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  "notes": "Part of an activist investor deck (Trian Partners) challenging Disney management.",
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      "text": "Mr. Iger was only 'gone' for eleven months. How did Disney get to a point where it has $7.5 billion in costs to cut in the first place? In our view, this demonstrates the Board's poor oversight of operational performance and execution and is a major indictment of both the Board and management team. We question whether Disney would have taken these actions had Trian not been publicly pressing the Company to improve operational efficiency and execution.",
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      "text": "Cost Savings",
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