Walt Disney Company (the) · NYSE:DIS
Walt Disney Company (the) — Shareholder Meeting (March 2023)
16 slides from Walt Disney Company (the)'s shareholder meeting presentation, Mar 15, 2023
Slide 1: 2023 Annual Meeting Investor Presentation
2023 annual meeting investor presentation ©Disney
Slide 2: We Request Your Support at the 2023 Annual Meeting
We Request Your Support at the 2023 Annual Meeting Board of Directors Voting Recommendations COMPANY PROPOSALS Proposal 1: Election of Directors Our Board of Directors recommends a vote FOR the election of eleven nominees named in the proxy statement as Directors P FOR EACH NOMINEE Proposal 2: Ratif
Slide 3: Proactively Executing on Key Strategic Priorities
Proactively Executing on Key Strategic Priorities Implementing cost reductions and streamlining organizational structure to enhance productivity Working towards achieving both sustained growth and profitability in our DTC business Improving the guest experience at our parks by providing more value a
Slide 4: Strategic Reorganization Designed to Optimize Future Growth, Profitability and Value Creation
Strategic Reorganization Designed to Optimize Future Growth, Profitability and Value Creation Alan Bergman & Dana Walden The Company’s full portfolio of entertainment media and content businesses globally, including Disney+ and Hulu Jimmy Pitaro ESPN networks, ESPN+, and our international sports cha
Slide 5: CEO Succession is a Top Board Priority
CEO Succession is a Top Board Priority Mark Parker named Chairman of the Board in January 2023 to be effective following the Annual Meeting Leading voice on Disney Board regarding important subjects including engaging and managing creative talent, businesses and executives and pivoting legacy busine
Slide 6: Diverse Board of Directors
64% 7 out of 11 directors are gender / ethnically diverse Asian Asian & Black Black Latina Diverse Perspectives Derica W. Rice Incoming Audit Committee Chair Former Executive Vice President, CVS Health Mark G. Parker Incoming Independent Chairman Governance and Nominating Committee Chair Executive C
Slide 7: Our Directors' Skills and Experience
Executive Management Experience* Finance & Accounting* Global Business Operations* Risk Management* Business Development, M&A and Growth* Corporate Responsibility Experience* Brand, Marketing & Retail Management Direct-to-Consumer Expertise Technology & Innovation Cybersecurity + + + Our Directors’
Slide 8: Shareholder Engagement and Responsiveness to Feedback
See page 5 of our 2023 Proxy Statement for full details on the substantial actions we have taken in response to shareholder feedback 100 In calendar 2022, we contacted… of top 50 holders …and held 95% over conversations focused on Board, executive compensation and ESG related topics led by, as appro
Slide 9: Fiscal 2022 NEO Compensation
Fiscal 2022 NEO Compensation The Compensation Committee has designed a compensation program that produces a strong alignment between pay and performance, reflecting shareholder feedback and the appropriate metrics to drive execution of our strategy Key Compensation Elements Reflect Shareholder Feedb
Slide 10: Board Oversight of ESG
Board Oversight Disney’s approach to oversight of ESG practices, policies, reporting, risk management and goal-setting is thoughtfully designed to create Board-level and executive team ownership of key decisions that can drive long-term, sustainable shareholder value Jennifer Cohen, Disney’s Executi
Slide 11: 2022 CSR Report and Long-Term Sustainable Business
2022 CSR report describes strategy that addresses the expectations of our people, consumers, communities and investors, and helps attract, retain and develop talented and diverse creators, cast members, and employees, all of whom contribute to our business success Report demonstrates how programs an
Slide 12: Empowering Employees and Fostering Belonging
For 100 years, we’ve empowered our employees to live their best lives, growing personally and professionally, as we work together and thrive together in an environment where everyone belongs and is respected Foster and fuel representation, understanding, and a sense of belonging for our workforce Su
Slide 13: Shareholder Proposal on Operations Related to China
Shareholder proposal: Requests the company report annually to shareholders on the extent to which its corporate operations rely on China Proponent: National Legal and Policy Center The requested report would not provide additional value to the company’s shareholders The company is already subject to
Slide 14: Shareholder Proposal on Charitable Giving
Shareholder proposal: Requests the Board list on the company website any recipient of $10,000 or more of direct contributions, excluding employee matching gifts Proponent: Thomas Strobhar The proposed disclosure would not provide any corresponding benefit to our shareholders and other stakeholders C
Slide 15: Shareholder Proposal on Political Expenditures
Shareholder proposal: Requests the company annually analyze and report the congruence of political expenditures with its values / policies Proponent: The Educational Foundation of America The proposal is impracticable and representative of a narrowly-focused proponent seeking to advance a particular
Slide 16: Cautionary Note on Forward Looking Statements
Cautionary Note on Forward Looking Statements Certain statements in this discussion may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, organizational structure and leadership decisions,