Oasis Management is paying former Disney CEO Bob Chapek $100,000 per month as a consultant. He is one of four activist nominees to Vail Resorts’ board of directors. The arrangement highlights the growing influence of activist investors in corporate governance.
Chapek’s role is part of Oasis’s strategy to reshape the ski company’s leadership and performance.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing