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  "docSlug": "36531221f1c67575f86f87d8dbd73e65",
  "documentTitle": "Trian Partners | Activist Presentation Deck | 133 slides",
  "authorId": "trian-partners",
  "authorName": "Trian Partners",
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  "presentationDate": "2024-03-01 00:00:00",
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  "notes": "This is a classic activist 'problem-solution' framing slide.",
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      "kind": "list",
      "text": "Working alongside CEO Bob Iger, Nelson and Jay will aim to get Disney back to delighting fans and delivering strong results for shareholders – in an effort to Restore the Magic",
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      "text": "This year's Annual Meeting represents a critical opportunity for shareholders to vote to strengthen Disney’s future. Trian has nominated Nelson Peltz and Jay Rasulo for the Board. They will bring highly relevant experience, a shareholder mindset and a much-needed sense of urgency to Disney’s boardroom",
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      "text": "But instead, Disney lost its way over the past decade: Disney fell from its envied #1 place at the box office and in animation, belatedly entered the streaming business, and acquired additional linear TV networks at the wrong time; Consequently, financial performance has deteriorated, with nearly every relevant metric worse in FY 2023 than five years ago; Shareholders have suffered greatly: absolute and relative total shareholder return has been poor and shareholders have lost tens of billions of dollars",
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      "text": "We believe the root cause of Disney’s underperformance is poor oversight from a Board that lacks focus, alignment and accountability",
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      "text": "Disney is the most advantaged consumer entertainment company in the world and should have had a “winning hand” in today’s evolving consumer entertainment landscape",
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      "kind": "title",
      "text": "What Is This Proxy Contest About?",
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