UPDATE 1-New York City Retirement System to back Disney in boardroom battle with Trian, Blackwells [Yahoo! Finance]
Procter & Gamble Company (The) (PG)
Last procter & gamble company (the) earnings: 4/17 07:00 am
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Source: Yahoo! Finance
The New York City Retirement System plans to vote in support Walt Disney CEO Bob Iger and the company's board, rejecting the nominees of two hedge funds, including Nelson Peltz's Trian, in a bruising boardroom battle. The retirement system, a Disney shareholder, said the entertainment giant should get more time to achieve the strategic transformation it is working on with its Chief Executive Officer Bob Iger. Shareholders will vote next week on who should sit on the company's board, and Disney and the two hedge funds are making final appeals to investors for their votes. New York City Comptroller Brad Lander said the company's shares "have performed well" and that "boards are most effective when members bring valuable perspectives and relevant experience and are focused on the long-term health of the company." Lander said that Peltz, who is running for a seat based on his experience as a director on boards including Procter & Gamble and Wendy's, should not be elected. "Nelson
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PG
Earnings
- 4/19/24 - Beat
PG
Sec Filings
- 4/25/24 - Form 144
- 4/24/24 - Form 4
- 4/24/24 - Form 424B5
- PG's page on the SEC website