New York City Retirement System to back Disney in boardroom battle with Trian, Blackwells-March 2024-www.financetom.com

New York City Retirement System to back Disney in boardroom battle with Trian, Blackwells

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New York City Retirement System to back Disney in boardroom battle with Trian, Blackwells

Mar 28, 2024 12:05 PM

NEW YORK, March 28 (Reuters) - The New York City

Retirement System plans to vote for all Walt Disney ( DIS )

directors in a bruising boardroom battle with two hedge funds

who are each pushing for board seats for themselves.

The retirement system is arguing that the company should get

more time to achieve the strategic transformation it's working

on.

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