Star Wars creator George Lucas has shared an announcement in help of Disney’s board and CEO Bob Iger amid the corporate’s ongoing proxy battle with activist buyers.As Disney’s largest particular person shareholder, Lucas has made his stance clear on which facet of the battle he stands on, saying “nobody is aware of Disney higher” than Iger, who has confronted pushback in latest occasions from two activist investor teams: Nelson Peltz and Blackwells Capital.Creating magic just isn’t for amateurs.”Creating magic just isn’t for amateurs. After I offered Lucasfilm simply over a decade in the past, I used to be delighted to turn into a Disney shareholder due to my long-time admiration for its iconic model and Bob Iger’s management,” Lucas stated in an announcement on Tuesday, per Selection. “When Bob lately returned to the corporate throughout a tough time, I used to be relieved. Nobody is aware of Disney higher. I stay a big shareholder as a result of I’ve full religion and confidence within the energy of Disney and Bob’s monitor file of driving long-term worth. I’ve voted all of my shares for Disney’s 12 administrators and urge different shareholders to do the identical.”Disney acquired Lucasfilm in 2012 for $4 billion, giving the corporate possession of the Star Wars and Indiana Jones franchises, plus Industrial Gentle & Magic and Skywalker Sound, whereas Lucas acquired 37.1 million Disney shares. He has now amplified help for Iger and Disney by urging shareholders to re-elect the administrators.Nelson Peltz of the hedge fund Trian Companions has raised an argument towards voting for the present board members, as he has claimed, per Selection, that “Disney’s inventory has underperformed the market and that the corporate must undertake and execute extra pressing methods to drive sustained and worthwhile progress.”The 2024 shareholder assembly of The Walt Disney Firm will happen on April 3, when a vote will happen concerning board members, as activist teams search to switch present members with their nominees. Disney has opposed the candidates as missing “the suitable vary of expertise, ability, perspective and/or experience.”Thumbnail credit score: Axelle/Bauer-Griffin/FilmMagicAdele Ankers-Vary is a contract leisure author for IGN. You’ll be able to observe her on X/Twitter @AdeleAnkers.