There's a big vote coming up tomorrow for one of America's most iconic companies.

It's election day for Disney. It's the most important election day they've had in a very long time.

Our colleague Robbie Wielen covers the Walt Disney Company and he's been watching the race.

This election is about who will sit on Disney's Board of Directors.

Why do boards of directors matter that much?

Oh, I'm glad you asked Ryan. Boards of directors are extremely powerful and

influential and especially if you are a big company. Typically when it comes to expansions,

big initiatives, M&A deals, the board of directors have to meet and deliberate and vote on it.

Disney's board currently has 12 directors, and there's one person who desperately wants one of those seats.

Nelson Peltz, the activist investor.

I don't know if Nelson Peltz would say greed is good,

but he actually did say something a few weeks ago in an interview where he said,

what's the use of being a billionaire if you can't be a bully?

Peltz wants to shake things up at Disney, a company that's been having a rough couple of years.

Disney has a number of huge challenges sitting in front of it right now, especially how to make

streaming profitable, how to get their studio, their movie studio, back to a position of dominance and start making

great films again after a string of flops.

And then furthermore, just how to, where to go next with their theme park business, how to expand that.

So it's not going to be an easy road from here.

But there's one person at Disney who really doesn't want pelts on the board,

Disney's CEO Bob Eiger. on the

belts on the board, Disney CEO Bob Eager, and he's launched a counter campaign to keep

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