Activist Investor Forces P&G's Hand: Shareholder Vote On Joining Board

Nelson Peltz's Trian Fund Management, with a stake of around 1.5%, isn't satisfied with P&G progress from multiple initiatives across more than five years toward gaining market share for its health, personal and household care products and increasing margins.

Hand holds the magnifying glass in front of an open notebook. Among the many icons, attention is focused on the money icon. Financial operations, banking, lending, etc.

Procter & Gamble Co.'s full-year earnings briefing in two weeks could be a preliminary bout before the main event of activist investor Nelson Peltz seeking election to the board at the firm's annual shareholder meeting.

Peltz's Trian Fund Management L.P., with a stake of around 1.5% on its purchase of roughly $3.5bn in shares in...

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