Similar Stories to Trian's Peltz Seeks A Seat On Board At Procter & Gamble on Bing News

NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Mon, 07/17/2017 - 5:12am

NEW YORK (AP) — Activist investor Nelson Peltz is attempting to secure a seat on the board at Procter & Gamble, seeking faster changes at the consumer products company. Peltz's Trian Fund Management LP, which owns about $3.3 billion worth of shares at Procter & Gamble, said Monday that it's interested in helping Procter & Gamble improve its performance, saying that its financial performance over the last 10 years has been disappointing. David Taylor was named CEO of the company two years ago and P&G under his lead has attempted to transform the company, focusing on its bigger brands with growth potential.Read more on NewsOK.com

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