Disney's annual meeting in Denver takes a political turn
Walt Disney Co.’s annual meeting took a sharply political turn as Chief Executive Robert Iger faced calls to step down from President Donald Trump’s business policy forum.
Disney’s annual shareholder meetings are typically low-key, scripted affairs that eschew controversy and reflect the broad-based appeal of America’s most famous entertainment company.
On Wednesday, however, Iger fielded unusually pointed questions over his decision to remain on the council. But he defended his position on the panel, calling his participation a “privileged opportunity.” People acting as proxies for groups of shareholders urged Iger to leave the forum.
Speaking from the stage of the Bellco Theatre at Denver’s convention center on Wednesday morning, Iger explained his decision to remain on Trump’s panel by invoking a lyric from the Broadway hit “Hamilton” that emphasizes the importance of having “a voice in the room” where important decisions are made.