Disney says Glass Lewis recommends holders support company board nominees

The Walt Disney Company announced that independent proxy voting and corporate governance advisory firm Glass, Lewis & Co. recommended shareholders vote the white proxy card in support of all of Disney’s 12 director nominees and no other nominees at the company’s Annual Meeting on April 3. “We are pleased that Glass Lewis recognizes the strength of our highly qualified nominees and supports our plans to return this iconic company to a period of sustained growth and shareholder value creation. In its recommendation, Glass Lewis clearly identifies the strength of the diverse skillsets across our Board nominees, the credibility of our succession planning process and recent changes to the Board and compensation program and the promise of our recent efforts to bolster growth and value creation to position Disney for the future,” said Mark Parker, Chairman of The Walt Disney Company Board of Directors.