The heiress’ move comes two decades after her father, Roy E. Disney, led a proxy fight that ousted then-Disney CEO Michael Eisner.
COMMENTARY
Heiress Blasts Disney Over Pay Disparity
Abigail Disney: “In 2018, Disney gave more than 125,000 employees a $1,000 bonus. But that $125 million or so was dwarfed by the $3.6 billion it spent to buy shares back to drive up its stock price and thus enrich its shareholders. Given that about 85% of stocks are held by the richest people in the country, this was a significant new investment in wealth inequality.”
