Salt Lake City, Utah, March 23, 2011 — Shareholders of The Walt Disney Company (NYSE:DIS) at the 2011 Annual Meeting today elected 13 members of the Board of Directors and supported Board recommendations on the Company’s auditor, its stock incentive plan and advisory votes on executive compensation and on the frequency of advisory votes on executive compensation, based on preliminary results.
Shareholders also agreed with the Board in rejecting one shareholder proposal.
Disney Chairman John E. Pepper Jr. welcomed shareholders to the meeting at the Rose Wagner Performing Arts Center and introduced members of the Board of Directors. Mr. Pepper remarked that “2010 was a great year for The Walt Disney Company. It was a year of excellence — creatively, strategically and financially.” He commended Disney’s management team for successfully navigating a fast-changing media landscape and a difficult global economy while maintaining its strategic focus on delivering strong shareholder value and building for future growth.