EDITORIAL CARTOON: Is Procter & Gamble under siege?
11:05 AM, Jul 21, 2017
Procter & Gamble has seen their revenue shrink in recent years despite a concerted effort to turn the company around. Now, activist investor Nelson Peltz, head of Trian Fund Management, is trying to force his way onto P&G's board in a measure to change the company's leadership. P&G's board declined to give Peltz a seat on the board, so Peltz is turning to the company's shareholders, asking them to vote him in. A lengthy battle seems at hand, but will any of it actually lead to a rejuvenated P&G?
Kevin Necessary is the editorial cartoonist for WCPO. His opinions do not reflect those of WCPO.