In two open letters to shareholders of the Walt Disney Company, grandchildren of Walt Disney and his brother Roy O. Disney came out in support of CEO Bob Iger and current management, which is being assailed by two investment firms trying to change the makeup of the company’s board.
“From Mickey and Minnie, to Snow White and Mary Poppins, Disney is not a company that makes widgets – it makes magic,” wrote Roy P. Disney Susan Disney Lord, Tim Disney and Abigail Disney, who has been outspokenly critical of the company in the past. “And it takes a special group of leaders with a deep respect and understanding for this tradition to develop the kinds of incredible experiences – whether in a theme park, at a movie theatre, or in your own home – that touch people’s hearts. Bob Iger, his management team, and the Board of Directors are faithful to this magic.
“From Mickey and Minnie, to Snow White and Mary Poppins, Disney is not a company that makes widgets – it makes magic,” wrote Roy P. Disney Susan Disney Lord, Tim Disney and Abigail Disney, who has been outspokenly critical of the company in the past. “And it takes a special group of leaders with a deep respect and understanding for this tradition to develop the kinds of incredible experiences – whether in a theme park, at a movie theatre, or in your own home – that touch people’s hearts. Bob Iger, his management team, and the Board of Directors are faithful to this magic.
- 2/29/2024
- by Jill Goldsmith
- Deadline Film + TV
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