{"id":215011,"date":"2024-03-19T21:26:30","date_gmt":"2024-03-19T21:26:30","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/19\/jamie-dimon-and-george-lucas-have-a-common-thread-that-could-explain-their-support-for-bob-iger-and-disney\/"},"modified":"2025-06-25T17:20:21","modified_gmt":"2025-06-25T17:20:21","slug":"jamie-dimon-and-george-lucas-have-a-common-thread-that-could-explain-their-support-for-bob-iger-and-disney","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/19\/jamie-dimon-and-george-lucas-have-a-common-thread-that-could-explain-their-support-for-bob-iger-and-disney\/","title":{"rendered":"Jamie Dimon and George Lucas have a common thread that could explain their support for Bob Iger and Disney"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/content.fortune.com\/wp-content\/uploads\/2024\/03\/GettyImages-1057175128-e1710881746322.jpg?w=2048\" \/><\/p>\n<div data-cy=\"articleContent\">\n<p>Question: Who do the Star Wars creator George Lucas and JPMorgan Chase\u2019s star CEO and chairman Jamie Dimon have in common?\u00a0<\/p>\n<div class=\"paywall\">\n<p>Answer: Ariel Investments co-CEO Mellody Hobson, also one of <a href=\"https:\/\/fortune.com\/ranking\/most-powerful-women\/2023\/mellody-hobson\/\" target=\"_self\" rel=\"noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">Fortune\u2019s most powerful women.<\/a>\u00a0<\/p>\n<p>Hobson was the <a href=\"https:\/\/www.jpmorganchase.com\/news-stories\/mellody-hobson-qa\" target=\"_blank\" rel=\"noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">first Black woman<\/a> to join JPMorgan\u2019s board, in 2018, and has served as co-CEO of Chicago-headquartered investment firm Ariel Investments, which has nearly $15 billion in assets under management, since 2019. <a href=\"https:\/\/people.com\/movies\/who-is-mellody-hobson-george-lucas-wife\/#:~:text=After%20the%20low%2Dkey%20couple,200%20guests%2C%20including%20Samuel%20L.\" target=\"_blank\" rel=\"noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">Hobson married Lucas in 2013<\/a> at Skywalker Ranch.\u00a0<\/p>\n<p><a href=\"https:\/\/fortune.com\/2024\/03\/19\/bob-iger-george-lucas-disney-proxy-fight-nelson-peltz\/\" target=\"_self\" rel=\"noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">Lucas issued a statement <\/a>from the ranch today, outlining his support for Walt <a href=\"https:\/\/fortune.com\/company\/disney\/\" target=\"_blank\" rel=\"noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">Disney<\/a> CEO Bob Iger in Disney\u2019s proxy fight with activist investor Nelson Peltz. Iger and Peltz have been embroiled in a battle for board seats at the entertainment giant, with Peltz aiming to get himself and a deputy on the board while Disney plays defense. Lucas owns 37.1 million shares of Disney after selling Lucasfilm to the company in 2012 for <a href=\"https:\/\/thewaltdisneycompany.com\/disney-to-acquire-lucasfilm-ltd\/\" target=\"_blank\" rel=\"noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">$4 billion in cash and stock<\/a>.\u00a0<\/p>\n<p>Lucas\u2019 encouragement from Skywalker Ranch comes on the heels of <a href=\"https:\/\/fortune.com\/2024\/03\/13\/jamie-dimon-bob-iger-disney-proxy-fight-nelson-peltz\/\" target=\"_self\" rel=\"noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">Dimon\u2019s full-throated support<\/a> for Iger last week.\u00a0\u00a0<\/p>\n<p>\u201cBob is a first-class executive and outstanding leader who I\u2019ve known for decades,\u201d Dimon said. \u201cHe knows the media and entertainment business cold and has the successful track record to prove it.\u201d<\/p>\n<p>\u201cWhen Bob recently returned to the company during a difficult time, I was relieved,\u201d said Lucas today. \u201cNo one knows Disney better.\u201d<\/p>\n<p>After Lucas and Hobson wed at the Skywalker Ranch ceremony in 2013, the couple also held a party in <a href=\"https:\/\/www.vogue.com\/article\/george-lucas-mellody-hobson-wedding-party\" target=\"_blank\" rel=\"noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">Promontory Park in Chicago, according to Vogue.<\/a> Prince performed live with a 22-piece orchestra and at one point pulled Hobson onstage. One of the guests reported to be at the party was former Chicagoan Dimon. Dimon is former CEO of Chicago-based Bank One, which merged with JPMorgan in 2004. Dimon was tapped to lead the now $3.2 trillion financial services firm.\u00a0<\/p>\n<p>In addition to Lucas and Dimon, proxy advisory firm Glass Lewis issued its report to investors this week and threw its support behind Iger and the Disney board, recommending that investors withhold support from Peltz and his deputy and nominees from another activist fund, Blackwells.\u00a0<\/p>\n<p>Voting in the contest has already begun and losing the support of Glass Lewis is a key loss for Peltz and a win for Iger and Disney. The company\u2019s shareholder meeting is April 3.\u00a0<\/p>\n<\/div>\n<div class=\"sc-f923d9ed-0 dNwVje article\" data-cy=\"subscriptionPlea\">Subscribe to the CEO Daily newsletter to get the CEO perspective on the biggest headlines in business. <a href=\"https:\/\/www.fortune.com\/newsletters\/ceo-daily?&amp;itm_source=fortune&amp;itm_medium=article_tout&amp;itm_campaign=ceo_daily\" target=\"_self\" rel=\"noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">Sign up<\/a> for free.<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/fortune.com\/2024\/03\/19\/jamie-dimon-and-george-lucas-have-a-common-thread-that-could-explain-their-support-for-bob-iger-and-disney\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Question: Who do the Star Wars creator George Lucas and JPMorgan Chase\u2019s star CEO and chairman Jamie Dimon have in common?\u00a0 Answer: Ariel Investments<\/p>\n","protected":false},"author":1,"featured_media":215012,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[149],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/215011"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=215011"}],"version-history":[{"count":3,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/215011\/revisions"}],"predecessor-version":[{"id":336049,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/215011\/revisions\/336049"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/215012"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=215011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=215011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=215011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}