The Walt Disney Company has filed a proxy statement and is set to host its annual shareholders meeting on March 20th.
What’s Happening:
- Today, The Walt Disney Company filed a proxy statement and has set their 2025 Annual Meeting of shareholders for March 20th, 2025.
- Taking place virtually at 10AM PT, the meeting can be attended at www.virtualshareholdermeeting.com/DIS2025.
- As per usual, shareholders will elect 10 members to the Board of Directors, which will each serve terms of one year.
- Voting recommendations are provided for the meeting as well as statements from Chairman of the Board James P. Gorman and Disney CEO Bob Iger.
- Currently, Marker Parker, who has served on the Board of Directors for 9 years will not seek reelection this year.
- In Gorman’s statement, he shared “Finally, on behalf of the entire Disney Board, I want to thank Mark Parker for his nine years of exemplary leadership and dedicated service to our shareholders and the Company. On a personal level, I would add that Mark has been a role model in the way he has guided me and chaired the Board with such grace, humility and intelligence. As he departs the Disney Board, it is a privilege to serve as Chairman of this storied institution at such a significant moment in the Company’s history. I look forward to working closely together with Bob to enable the Company’s continued success, and I’m honored to serve alongside such a talented group of Directors.”
- For CEO Bob Iger, while talking about the successes of the last year, he stated “For all these strategic priorities, creative excellence remains at the center of our work as we build our businesses and seek to drive shareholder value. We will continue to strive to keep high quality and bold storytelling front and center for our Company to set us apart from others. On behalf of the senior leadership team, thank you for your continued support of The Walt Disney Company and the wonderful storytelling and experiences we create. I am immensely proud of what we have accomplished over the past fiscal year, and I am confident in our continued ability to drive sustained growth and create shareholder value.”
- This year’s shareholder meeting is expected to be a return to form for Disney after last year’s tumultuous proxy battle.
- This year was a fiscal improvement for the company, specifically at the box office where Disney earned over $5 billion worldwide. This is the first time a media company has accomplished this since 2019.
- Bob Iger is set to step down as CEO in 2026, so it will be interesting to see if that is brought up during the meeting or what it means for next year.
- We are looking forward to tuning in on March 20th.
- You can read the entire Definitive Proxy Statement here.
Read More on The Walt Disney Company:
- New Executive Appointments Revealed at Disney Experiences, Including Creation of Disney Major Events Integration
- Disney VoluntEARS Assemble Comfort Kits for Children Affected by Los Angeles Area Wildfires in American Red Cross Shelters
- Disney’s Josh D’Amaro and Alan Bergman to Discuss “The Future of World-Building at Disney” at SXSW