Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street. Disney and Bob Iger looking to move forward after shareholders reelected the company's board and this defeat for activist investor Nelson Peltz. Good Thursday morning. Welcome to Squawk on the street. I'm Carl Kintania with Jim Kramer at Post 9 of the New York Stock Exchange. David Fabers at Disney H.Q in Burbank, California. His exclusive with Iger

is just moments away. In the meantime, future's solid here as treasuries find some footing in the wake of that

ISM services number and Powell's comments yesterday. Ten year is back to 434. We're going to begin that

with Disney winning that boardroom battle against Nelson Peltz and looking forward

very much, David, to your interview, not too long from now.

Yeah, you know, so much to talk to Bob Iger about as there always is, and I always look

forward to our conversations as we've had them through the years and even more recently

at a decent pace of late. You know, victory, as we all know, for Disney.

Not unexpected, at least, if you've listened to my reporting through these last few weeks and months.

I mean, Jim, I'll come back to you on this.

I don't know whether you were surprised at all.

It was always seemingly an uphill battle for Nelson Peltz.

I argued, I think, in part because it was never clear beyond just saying

this company needs better board oversight or more focus on its succession, that there was anything

he suggested in any way that hadn't already been taken up by Disney and pursued and partially

already executed on. Well, I think it did come down in succession, David. I think that was the one thing that you could argue they did really poorly. But you know what really defeated Nelson, I think, is the stock was the best performer in the Dow. And a lot of that may have been just Bob Iger focusing the company. You can certainly ask him, I think it'd be great. I don't know how much it was. Well, we got to focus in order to be able to keep Nelson off the board. But I think that Iger made a series of, let's say, look, he came up with some good ideas. I also feel, Dave, and you got to ask him this, that they've got Gorman doing the succession with Parker. But Gorman's a hitter. And I think that made a lot of people

feel, wait a second. We've got a new guy, fresh perspective. Let's go with this. I would also know

why did ISS go with Peltz and not with Disney? And I want to say Iger, because I never felt

this was Peltz versus Iger. You may disagree with that, but I never felt it was that.

Yeah, well, listen, it did get fairly personal, of course, and it may have been as much

Ike-Kermutter in Iger.

That said, Iger got 94% of the votes cast in favor of his directorship.

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