- Disney (DIS) amends its corporate governance rules in a move designed to pacify shareholder protests over the combination of the CEO and Chairman role.
- In essence, the chairman will be an independent director unless the board votes to give one person both jobs and justifies it every year.
- The California State Teachers Retirement System and other top investors have withdrawn a proposal to make it harder on the company to see its board candidate re-elected.
- Disney's annual shareholder meeting is this afternoon.
- SEC Form 14A