Ahead Of P&G Board Vote, Activist Investor Peltz Gains Endorsements
This article was originally published in The Rose Sheet
Executive Summary
As Procter & Gamble prepares for a shareholder vote that could shake up its board and its strategies, proxy advisor Glass, Lewis & Co. recommends shareholders vote in favor of electing Trian Fund Management CEO Nelson Peltz, who's pressing the firm for dramatic operational changes.
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