Isaac Perlmutter’s time at Disney had run its course and the former Marvel Entertainment chairman’s removal “was a necessary step in the direction of us creating a more efficient company,” CEO Bob Iger said
– which is separate from the Kevin Feige-run Marvel Studios business — will be folded into other parts of the Disney corporate umbrella. Perlmutter’s oversight included comic book publishing, game licensing and arena shows., saying he’d been fired for insisting on fiscal discipline and supporting Peltz, who waged a very public proxy fight with Disney for months but withdrew himself as a board candidate before the annual meeting after Disney announced the streamlining measures.
He reiterated Disney’s value to the state of Florida, turning swampland “into a business that employs over 75,000 people, that is visited by tens of millions of people every year, that is a major tourist destination in the United States, and for the state of Florida, that creates huge value for our company and its employees, and for the state of Florida itself. Our sole goal in Florida is to continue creating that value for all those constituencies.
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