Blackwells Capital Asks Disney to Meet With Activist Investor’s Board Nominees to ‘Promote Free-Flowing Exchange of Ideas’

Blackwells Capital is calling on Disney to meet with its three board nominees in an effort to “promote the free-flowing exchange of ideas that comes with constructive collaboration.”

The activist investor, which filed a preliminary proxy statement with the U.S. Securities and Exchange Commission last week, has nominated former Warner Bros. and NBCUniversal executive Jessica Schell, Tribeca Film Festival co-founder Craig Hatkoff and TaskRabbit founder Leah Solivan to stand for election at Disney’s 2024 annual meeting. In addition, Blackwells has proposed increasing the size of Disney’s board to reinstate any incumbent director outvoted by its nominees.