The effort is starting with a few countries in June, and a wider rollout is set for September.

The CEO rolled out of a string of initiatives that helped inoculate the company against the activist’s attack.

Ford Motor said it is delaying the launch of a new three-row electric vehicle likely to 2027.

The sum represents initial compensation to make up for lost profits due to January’s midair blowout of a door plug.

Investors supported the company’s slate of board nominees. Peltz lost his bid to become a director in a win for the Disney CEO.

An agreement would pave the way for an exit by controlling shareholder Shari Redstone.