Disney brands activist investor Nelson Peltz ‘disruptive and destructive’ in brutal three-minute video takedown as its campaign to keep the billionaire father-in-law of Brooklyn Beckham from joining its board turns toxic

23:10 EDT 11 Mar 2024 , updated 02:00 EDT 12 Mar 2024

Disney released a three-minute takedown video to try and stop billionaire activist investor Nelson Peltz from joining its board of directors, calling him ‘disruptive and destructive.’

Peltz – who is the father-in-law of Brooklyn Beckham – and his Trian Fund’s campaign have launched a campaign to win two board seats. 

Disney lashed out Monday with a political-style video trashing the activist shareholder’s motivations and qualifications in an increasingly bare-knuckled proxy battle. 

In a video released online, Disney said Peltz has a long history of ‘attacking companies to the ultimate detriment’ of shareholders and said it would be ‘disruptive’ and ‘value-destructive’ to include him and crony Jay Rasulo.

‘Disney could suffer the same fate as other great companies that Peltz has previously infiltrated, such as G.E. and DuPont. Nelson Peltz has a long history of attacking companies to the ultimate detriment of shareholder value,’ the narrator claims.