04:23 PM EDT, 03/13/2024 (MT Newswires) -- Walt Disney's ( DIS ) activist shareholder Trian Fund Management said Wednesday the company's "charged and disingenuous rhetoric" during the election campaign for board members intends to distract shareholders from a "poor track record and sidestep accountability."

The fund affirmed support for its board nominees Nelson Peltz and Jay Rasulo and said it opposes reelection of Disney ( DIS )-backed Michael Froman and Maria Lagomasino.

Disney ( DIS ) performed below its potential, peers and the market during the tenure of Froman and Lagomasino, according to Trian.

Disney ( DIS ) did not immediately respond to MT Newswires' request for comment.

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