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Disney Investors Want Pay Oversight

Mar 10, 2009  •  Post A Comment

Some Walt Disney Co. investors want a nonbinding, advisory role on the compensation awarded to CEO Bob Iger and other top executives, the Los Angeles Times reports. Disney is one of about 100 public companies whose shareholders will vote on the “Say to pay” push, which is supported by large investors including TIAA-CREF, the newspaper says. Separately, Pali Research analyst Richard Greenfield on Monday cut his rating on Disney shares to “sell” from “neutral,” saying it was “increasingly hard to imagine the world economic landscape improving enough to drive Disney’s fiscal 2010 earnings,” the Los Angeles Times reports.
—Aimee Picchi

One Comment

  1. Hands down, Apple’s app store wins by a mile. It’s a huge selection of all sorts of apps vs a rather sad selection of a handful for Zune. Microsoft has plans, especially in the realm of games, but I’m not sure I’d want to bet on the future if this aspect is important to you. The iPod is a much better choice in that case.

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