Disney Fires Marvel Chief Ike Perlmutter After Peltz Fight

Walt Disney Co. terminated the employment of Ike Perlmutter, the chairman of its Marvel Entertainment unit, as part of a broader cost-cutting effort.

The executive was let go along with others in the unit, which handled comic-book sales and related consumers products, according to the New York Times, which reported on the changes earlier Wednesday.

Ike Perlmutter

Photographer: Susan Walsh/AP

Perlmutter was the chief executive officer and the largest shareholder of Marvel when Disney acquired the company for about $4 billion in 2009. He often clashed with other executives internally, and in 2015 CEO Bob Iger took responsibility for Marvel’s super-successful film studio ...