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  "documentTitle": "E.I. du Pont de Nemours and Company (DuPont) (DD)",
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  "authorName": "Nelson Peltz",
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  "presentationDate": "2015-02-17 00:00:00",
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  "notes": "Uses a before-after/promise-results framing to highlight management failure.",
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      "text": "The Company should provide investors with tangible evidence that projects such as these will be economically viable and provide a strong return on capital...within a reasonable timeframe",
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      "text": "Missed 2012 revenue target by nearly 80% ($507m vs $2.3bn). New products mentioned in 2007 investor day are nowhere to be found. Biofuel facilities not commercialized.",
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      "text": "In 2007, DuPont promised $2.3bn revenue for Applied Biosciences by 2012. Significant investments over time: $2.0bn in “other” expenses (2008-2014), $7bn purchase of Danisco.",
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      "text": "Source: 2012 data book, 2013 data book, 2008-2013 non-GAAP reconciliation (on DuPont website), transcripts, press releases, DuPont Applied Biosciences Analyst Day Company presentation.",
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