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Disney Replaces Chair and Reveals Peltz Plans Proxy Contest

By
Martin Peers
· · Source: The Information

Walt Disney Co. said today that chair Susan Arnold would step down after the coming annual meeting, to be succeeded by another director, Nike executive chairman Mark Parker. Arnold has been on the board since 2007, making this her 16th year. Disney noted she was leaving “pursuant to the 15-year term limit under Disney’s board tenure policy.” Parker is so well respected on Disney’s board that...

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