Disney board battle sees US pension fund CalPERS backing Peltz and Rasulo
Sacramento, California – The US pension fund CalPERS has lent its support to Nelson Peltz and Jay Rasulo in their bid for seats on Disney’s board of directors. This backing comes as part of an ongoing battle for control over the entertainment giant’s leadership. CalPERS, one of the largest pension funds in the United States, announced its decision to support Peltz and Rasulo, citing their strategic vision and experience in the industry. The move is …