US pension fund CalPERS votes for Peltz, Rasulo in Disney boardroom fight
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The California Public Employees Retirement System (CalPERS) has voted to elect activist investment firm Trian Fund Management's two director candidates, Nelson Peltz and Jay Rasulo, to the board of Walt Disney Co. CalPERS, which owned 6.65 million shares in Disney at the end of December, believes the company will benefit from fresh eyes on its board of directors.
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