Walt Disney Co.'s annual meeting in San Francisco on Thursday comes as the Burbank entertainment giant rides a hot streak.
In February, Disney reported profit of $2.2 billion for the fiscal first quarter that ended Dec. 27. Its recent hit
Shareholders on Thursday will be asked to elect 10 members of its board of directors and consider two shareholder proposals.
In the first of two proposals, investors will vote on whether to adopt a policy that would eventually separate the chairman and chief executive positions after
According to the proposal, which is included in the proxy statement Disney filed with the
This is not a new issue: Shareholders voted down a similar proposal in 2013.
Disney's board recommends a vote against the new proposal, according to the company's proxy.
In the second measure, which has been proposed by activist investor William Steiner, shareholders will vote on whether to limit accelerated executive pay. Disney's board has recommended a vote against the proposal.
The board also will consider ratifying the selection of
Besides that official agenda, it's also possible that Disney could make announcements at the meeting that pique the interest of consumers.
In recent years, the shareholder gatherings have been used by Disney to reveal tidbits about its upcoming film projects and theme park developments.
Last year, Iger divulged plot points of the company's forthcoming "Star Wars" film, which is slated for release in December, and said that the company's Pixar Animation Studios would make a sequel to the 2004 hit "The Incredibles."
In 2013, Disney unveiled the first computer rendering of its roughly $5-billion Shanghai Disney Resort, which will open in spring 2016.
Shares of Disney closed down 20 cents to $102.89 on Wednesday.