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The Iger Narrative Meets Its Nemesis

Nelson Peltz, the iconic activist, seems out for blood with Bob Iger. But does Peltz’s board seat thesis make any sense at Disney?

Nelson Peltz
Nelson Peltz, the founder of Trian Partners, has gone public with scathing criticisms of Disney. Photo by Evan Agostini/Getty Images
Matthew Belloni
January 13, 2023

How dare this guy! Bob Iger did not return triumphantly to Disney to be second-guessed, and certainly not by an 80-year-old former P&G and GE investor and former junk bond salesman like Nelson Peltz, the founder of Trian Partners, who went public with some pretty scathing criticisms this week in his pursuit of a Disney board seat. A “company in crisis”? A “flawed” streaming strategy? Ongoing “self-inflicted” wounds? That is not The Iger Narrative.