nyseul
What’s New In Activism – Peltz Welcomes New Unilever CEOUnilever plc (NYSE:UL) named the head of a Dutch dairy cooperative as its next CEO in a move applauded by Trian Partners’ Nelson Peltz, who joined the consumer goods giant’s board last year in the aftermath of a failed 50-billion-pound ($61 million) deal. Q4 2022 hedge fund letters, conferences and more Schumacher succeeds Alan Jope, who in September announced his retirement after drawing criticism from shareholders disgruntled with his failed efforts to buy GlaxoSmithKline’s consumer health arm. Billionaire investor Peltz, who is said to...
ValueWalk
Nelson Peltz’s appointment to Unilever plc (NYSE:UL)’s board makes it look like open season for activism in the U.K. Nelson Peltz Joins Unilever’s BoardThe Trian Partners founder was accepted as a director a little over two weeks ago to cap a second successful private engagement for the activist this year, after Peltz and colleague Ed Garden joined the board of Janus Henderson. Q1 2022 hedge fund letters, conferences and more Indeed, the number of board seats won by activists at U.K.-based companies is up to 10 so far this year, from six and five during the same period in 2021 and 2020, respec...
ValueWalk
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