Trian's Peltz seeks a seat on board at Procter & Gamble
World BusinessJul 17, 2017
NEW YORK -- 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