© Reuters. FILE PHOTO: A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo
(Reuters) -Walt Disney Co said on Friday media veteran Carolyn Everson, who has received the support of activist shareholder Third Point, will join its board on November 21.
Disney and Third Point, which has a stake of about $1 billion in the entertainment and media conglomerate, entered into an agreement in which the activist investor will not acquire over 2% stake in the company.
Everson, 50, who is also a member of Coca Cola’s board has also worked with Meta Platforms’ Facebook (NASDAQ:) and Microsoft Corp (NASDAQ:).
Be the first to comment