P&G Board Seat Swings To Peltz In Ongoing Vote Tally

P&G says results from an independent tabulator indicate Trian Fund head Nelson Peltz is leading the firm's candidate, Ernesto Zedillo, in a board proxy vote by around 42,780 shares, or 0.0016% of total outstanding shares. But P&G says the vote count isn't completed.

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Nelson Peltz may yet gain a board seat to push for change at Procter & Gamble Co. as updated proxy voting results show the head of hedge fund Trian Fund Management has moved ahead of one of the firm's choices for a seat.

The global health, personal and home care product marketer – with $235bn in annual sales of products including OTC drug...

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