Disney’s Bob Iger and Salesforce’s Marc Benioff are the latest high-profile execs to come under pressure from activist investors

Main Idea: Bob Iger and Marc Benioff are facing pressure from activist investors as Disney and Salesforce come under scrutiny after weak stock performance.

Key Points:

• Billionaire activists are targeting big-name CEOs and pushing for more cost cuts and tighter spending.
• Disney is facing a campaign from Nelson Peltz’s Trian Fund, while Salesforce is facing one from Paul Singer’s Elliott Management.
• The two companies have fallen sharply from their highs, which has made shareholders more open to change.
• Disney has already pushed back by rejecting Peltz’s request for a board seat, and the stock gains since the campaigns began may be only part of the story.