Disney Lays Off Marvel Entertainment Chairman

Isaac "Ike" Perlmutter, an Israeli-American billionaire, and the CEO of Marvel. (Susan Walsh/AP)

Wednesday, 29 March 2023 12:16 PM EDT ET

Walt Disney Co has laid off Marvel Entertainment Chairman Isaac "Ike" Perlmutter as part of a cost-cutting campaign, a source confirmed Wednesday.

Perlmutter had supported activist shareholder Nelson Peltz's unsuccessful bid to obtain a seat on Disney's corporate board.

The executive was informed Wednesday that Marvel Entertainment, a consumer products unit run separately from Marvel Studios, would be merged into other Disney business units, according to the New York Times, which first reported Perlmutter's ouster.

© 2025 Thomson/Reuters. All rights reserved.


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Walt Disney Co has laid off Marvel Entertainment Chairman Isaac "Ike" Perlmutter as part of a cost-cutting campaign, a source confirmed Wednesday. The...
disney, marvel, perlmutter
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2023-16-29
Wednesday, 29 March 2023 12:16 PM
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