Activist Investor May Push P&G To Sell Non-Core Brands, Oust CEO McDonald
This article was originally published in The Tan Sheet
Executive Summary
Changes may be ahead for Procter & Gamble following William Ackman and Pershing Square Capital Management’s investment in the consumer products giant. Analysts suggest the activist investor may push to replace CEO Bob McDonald and divest non-core brands.
You may also be interested in...
P&G Looks To “Transform” Categories, But Ackman Presses For Results
CFO Jon Moeller says product launches will make “obsolete our existing categories and transform them in ways that create competitive advantage” for the firm. Activist investor Bill Ackman, however, says P&G is “vastly under-earning relative to its intrinsic earnings power.”
Fortune Hi-Tech Complaint Could Intensify Scrutiny Of Multilevel Marketers
FTC worked with state authorities in an investigation of multilevel marketer Fortune Hi-Tech that led to a court order shutting down the firm. Meanwhile, nutritional and cosmetic product firm Nu Skin offers a defense against criticism of the multilevel business model after investors target Herbalife.
Fortune Hi-Tech Complaint Could Intensify Scrutiny Of Multilevel Marketers
FTC worked with state authorities in an investigation of multilevel marketer Fortune Hi-Tech that led to a court order shutting down the firm. Meanwhile, nutritional and cosmetic product firm Nu Skin offers a defense against criticism of the multilevel business model after investors target Herbalife.