Filmmaker George Lucas Supports Disney CEO Bob Iger in Proxy Fight

George Lucas, creator of the” Star Wars” and” Indiana Jones” franchises, has backed The Walt Disney Company’s chief executive officer, Bob Iger, amid the proxy battle waged by activist investors for seats on the company’s board.
” Creating secret is not for amateurs”, Mr. Lucas said in a statement, per CNBC, voicing his support for Disney’s existing managers.
The filmmaker made headlines in 2012 when it was revealed that he had sold his entertainment company, Lucasfilm, to Disney for$ 4.06 billion, per Variety. As part of the bargain, Mr. Lucas acquired about 37.1 million Disney stock, making him one of the bank’s largest personal owners, according to the publishing….

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