Peltz Publishes Plan to ‘Restore Magic’ at Disney as AGM Looms

Nelson Peltz has published his manifesto for change at Walt Disney Co., as the activist prepares to face off against the entertainment giant at an investor meeting a month from now.

In a 100-plus page white paper entitled Restore the Magic at The Walt Disney Company released on Monday, Peltz’s Trian Fund Management LP cemented its demands for an overhaul of Disney’s board and recasting of its business strategy.

Trian is trying to get Peltz and Jay Rasulo, a former chief financial officer at Disney, elected to the company’s board at its annual general meeting on April 3. ...