Disney ($DIS) board member James Gorman dismisses scrutiny as backward-looking, emphasizing judgment calls and a thorough succession process. The board faces criticism over deference to CEO Robert Iger amid the battle with Trian nominees. Analysts like EGAN-JONES see upside in adding Trian nominees to the board. CNBC's Jim Cramer acknowledges Nelson Peltz's impact despite investor praise for Iger. Analyst Jeff Sonnenfeld contrasts Iger's leadership with Peltz's bravado and long tirades.
"You've got a genuine wizard, which is Bob Iger, but then you've got Nelson Peltz, who has an amazing way with his locker room bravado, his distraction, and his comically long tirades," says @JeffSonnenfeld to @FrankCNBC $DIS https://t.co/syJXDDHB0i
"I think Nelson has concentrated the minds of the board and the CEO," @jimcramer thinks despite investor notes that $DIS owes its success to CEO @RobertIger. @carlquintanilla https://t.co/f0zPKG42fr
EGAN-JONES: "We see very little downside and a lot of upsides in putting the Trian nominees on the board." @THR $DIS https://t.co/4p05dps35B
"Thinking @RobertIger has done a good job is not necessarily inconsistent with the fact that you might think that the board has been too deferential toward him. Case in point, the FOX acquisition," says @TRgetMedia as the Disney board battle heats up. $DIS https://t.co/W9ShEk6rSU
Any scrutiny of $DIS is "backward-looking," according to board member James Gorman. The Morgan Stanley Executive Chairman discusses what he's seeing from the boardroom and the company's outlook with @SaraEisen & @WilfredFrost. $DIS https://t.co/CoTkuwqMkS
"These are judgment calls based on the facts." $DIS board member James Gorman discusses succession with @SaraEisen — which follows a "thorough and disciplined" process. "When the judgments are made, that'll matter. But you won't get there without a good process." https://t.co/XIwquxzhkj