Disney Shareholders Overwhelmingly Back Board at Annual Meeting

By Christine Zosche 

Walt Disney Co. shareholders voted overwhelmingly in favor of the media giant’s board of directors and its recommendations at its annual meeting Thursday, showing support despite a recent downturn in its stock price. Nine members of the board of directors were re-elected and two, wealth-management executive Maria Elena Lagomasino and Nike Inc. chief executive Mark Parker, were elected for the first time. All 11 received at least 94 percent support among votes cast before the meeting. (WSJ)

CEO Bob Iger told shareholders that Disneyland and Walt Disney World Resorts will break ground next month on the new Star Wars-themed lands at Disneyland Park and Disney’s Hollywood Studios, and that Star Wars: The Force Awakens will be available on Digital HD and Disney Movies Anywhere on April 1, and on Blu-ray Combo Pack on April 5. (BusinessWire)

Advertisement
Advertisement