George Lucas Backs Disney's Iger Amid Shareholder Showdown
March 19, 2024
George Lucas, creator of Star Wars, publicly supports Disney CEO Bob Iger against activist investor Nelson Peltz.
Lucas, as Disney's largest individual shareholder, advocates for the re-election of the current board directors.
Nelson Peltz, with backing from former Marvel CEO Ike Perlmutter and ex-Disney CFO Jay Rasulo, aims to replace two board directors.
Lucas credits Iger's leadership for the successful integration of Lucasfilm into Disney, leading to new 'Indiana Jones' and 'Star Wars' content.
The dispute showcases a clash of visions for Disney's future, particularly in the streaming space, awaiting resolution at the annual shareholder meeting.
Summary based on 10 sources
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Sources

Insider • Mar 19, 2024
George Lucas uses his force to back Disney CEO Bob Iger in proxy fight
CNBC • Mar 19, 2024
George Lucas backs Disney CEO Bob Iger in proxy fight with Nelson Peltz
Los Angeles Times • Mar 19, 2024
George Lucas backs Bob Iger in Nelson Peltz proxy fight - Los Angeles Times