Tag: Jay Rasulo
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JPMorgan Chase CEO Backs Disney CEO Bob Iger in Ongoing Proxy Fight
The CEO of JPMorgan Chase, Jamie Dimon, has backed Disney CEO Bob Iger in the ongoing proxy fight between Disney and Nelson Peltz’s Trian Partners. In a statement released to CNBC, Dimon endorsed Iger’s plans and efforts and warns of the risks that come from the efforts of Nelson Peltz and others. “Bob is a…
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Disney Warns That Activist Investor Nelson Peltz is “Disruptive and Destructive” in New Video
A new video that was released by Disney asks the question, “what’s the harm in letting activist investor Nelson Peltz or Jay Rasulo have a seat on Disney’s board.” This video, that feels much like a political ad, goes on to build a case for the exact harm that could happen if Peltz and Rasulo…
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Activist Investor Nelson Peltz Accuses Disney of Throwing “Spaghetti Against The Wall” With Recent News Releases
Activist investor Nelson Peltz wants a seat on Disney’s Board of Directors. He also wants former Disney CFO Jay Rasulo to have one. With his Trian Partners, Peltz is pushing for just that. This last week it appeared that these efforts got quite a bit harder. With Disney announcing stronger than expected earnings coupled with…
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Nelson Peltz Attacks Disney After Bid to Join Board is Rejected
After Disney rejected Nelson Peltz’s efforts to join the board (shareholders could still choose otherwise), the activist investor is lashing out at the company. Peltz said that the company is suffering from “self-inflicted wounds” and should be aiming for “Netflix-like margins.” On Thursday in a proxy statement, Peltz said that Disney needs an overhaul of…
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Disney Makes Case for Rejection of Nelson Peltz’s Board Nominations
On Tuesday, The Walt Disney Company rejected Nelson Peltz’s nominations for its board of directors. The Nelson Peltz-led Trian Fund Management, L.P. and its affiliates had nominated Nelson Peltz and former Disney CFO Jay Rasulo to the board. This effort was also backed by former Disney executive Isaac Perlmutter, who was let go during cuts made…
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The Walt Disney Company Releases Statement on Trian’s Board of Directors Nominations
The Walt Disney Company responded to the nominations by Trian Fund Management, L.P. for the board of Disney. Today, Trian nominated both its CEO Nelson Peltz and also former Disney CEO Jay Rasulo to be on Disney’s board. “As Disney’s largest active shareholder, we can no longer sit idly by as the incumbent directors and…
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Disney Names Christine McCarthy as New Chief Financial Officer
The Walt Disney Company has officially named their new Chief Financial Officer. Christine M. McCarthy was announced in her new position on Tuesday by Disney CEO, Bob Iger. In addition, Kevin Mayer was named Chief Strategy Officer. As noted last month, the previous CFO, Jay Rasulo, has stepped down. According to Variety, Iger stated, “Christine…
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The Walt Disney Company's Jay Rasulo Still Not Working Under Contract
Announced a while back on DAPs Magic, Jay Rasulo’s contract had expired on January 31, 2015. His current position is that of senior executive VP and chief financial officer for the Walt Disney Company. According to Variety, he is still working for the company and still not on a contract. In addition to not working…
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Jay Rasulo Disney CFO Has Yet To Resign Contract With Company
In recent company news, senior executive VP and chief financial officer of the Walt Disney Co., Jay Rasulo has not signed a contract for an extension of position, according to Variety. This announcement comes after the Securities and Exchange Commission proxy statement was filed on Friday by the company. There could be many reasons for Rasulo for not resigning his…
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JAY RASULO, SENIOR EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, THE WALT DISNEY COMPANY, TO SPEAK AT THE MORGAN STANLEY TECHNOLOGY, MEDIA & TELECOM CONFERENCE
DAPs Magic Disney News – PRESS RELEASE BURBANK, Calif., February 21, 2012 – Jay Rasulo, senior executive vice president and chief financial officer, The Walt Disney Company (NYSE: DIS), will participate in a question-and-answer session at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday, February 28, 2012 at 10:45 a.m. PST / 1:45…
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JAY RASULO, SENIOR EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, THE WALT DISNEY COMPANY, TO SPEAK AT CITIGROUP’S 22ND ANNUAL GLOBAL ENTERTAINMENT, MEDIA AND TELECOMMUNICATIONS CONFERENCE
DAPs Magic Disney News- PRESS RELEASE BURBANK, Calif., December 29, 2011 – Jay Rasulo, senior executive vice president and chief financial officer, The Walt Disney Company (NYSE: DIS), will participate in a question-and-answer session at Citigroup’s 22nd Annual Global Entertainment, Media And Telecommunications Conference on Thursday, January 5, 2012 at 5:00 p.m. EST / 2:00 p.m.…
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JAY RASULO, SENIOR EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, THE WALT DISNEY COMPANY, TO SPEAK AT THE GOLDMAN SACHS 20TH ANNUAL COMMUNACOPIA CONFERENCE
BURBANK, Calif., September 15, 2011 – Jay Rasulo, senior executive vice president and chief financial officer, The Walt Disney Company (NYSE: DIS), will participate in a question-and-answer session at the Goldman Sachs 20th Annual Communacopia Conference on Wednesday, September 21, 2011 at 1:15 p.m. EDT / 10:15 a.m. PDT. To listen to a live Webcast…
