The ousted exec followed his partnerNelson Peltzin selling his stakes in the Walt Disney Company, theWall Street Journalreported.

Perlmutter sold his entire position of 25.6 million shares after the Peltz vote.

The timing is purposeful, and the 81-year-old may not be done with Disney forever.

Ike Perlmutter

Ike PerlmutterPhoto: Andrew Harnik (AP)

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