Perlmutter is Disney’s largest individual shareholder.
Marvel Entertainment’s former chairman Isaac “Ike” Perlmutter said Wednesday he will hold on to his Disney shares, a week afterReuters reported last Wednesday that Disney had laid off the 80-year-old Perlmutter, Disney’s largest individual shareholder, as part of a cost-cutting campaign.that he was fired for pushing Disney too aggressively to cut costs and running afoul of the creative executives whom newly returned CEO Robert Iger wanted to empower.
Isaac Perlmutter told the Wall Street Journal that he was fired for pushing Disney too aggressively to cut costs.News of Perlmutter’s termination had come after he supported activist shareholder Nelson Peltz’s“Trian CEO Nelson Peltz has a long history of improving shareholder returns at many leading consumer businesses,” Perlmutter said in a
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