Ousted Marvel Entertainment Chairman Ike Perlmutter to retain Disney shares

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Ousted Marvel Entertainment Chairman Ike Perlmutter to retain Disney shares
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Marvel Entertainment's former chairman Ike Perlmutter on Wednesday said he will hold on to his Disney shares, a week after reports of his termination from the role.

April 5 - Marvel Entertainment's former chairman Ike Perlmutter on Wednesday said he will hold on to his Disneylast Wednesday that Disney had laid off Perlmutter, 80, as part of a cost-cutting campaign.

"Trian CEO Nelson Peltz has a long history of improving shareholder returns at many leading consumer businesses," Perlmutter said in a public statement on Wednesday.

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