Disney shareholders back CEO and rebuff activist shareholders

Disney chief executive Bob Iger (Jordan Strauss/Invision/AP)

Disney shareholders have rallied behind long-time CEO Robert Iger, voting to rebuff activist investor Nelson Peltz and his ally – former Disney chief financial officer Jay Rasulo – who had sought seats on the company’s board.

The company had recommended a slate of directors that did not include Mr Peltz or Mr Rasulo.