Trian Fund Urges P&G Shareholders To Vote For Nelson Peltz - Quick Facts

(RTTNews) - Trian Fund Management, L.P., whose investment funds beneficially own approximately $3.5 billion of shares of The Procter & Gamble Company (PG), urged P&G shareholders to vote for Nelson Peltz at the company's Annual Meeting of Shareholders on October 10, 2017.

"Over the years, Trian has observed a correlation between underperformance and the unwillingness to embrace outside perspectives, and it believes that fresh perspectives and a diversity of experiences are exactly what P&G needs to return to the kind of breakthrough innovation that has historically driven its growth and market leadership," Trian Fund said.

Founded in 2005 by Nelson Peltz, Ed Garden and Peter May, Trian Fund Management, L.P. seeks to invest in high quality but undervalued and underperforming public companies and works with management teams and boards of those companies to execute operational and strategic initiatives designed to drive long-term sustainable earnings growth for the benefit of stakeholders.