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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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  "notes": "The slide uses a contrast-based argument to highlight management's lack of transparency regarding financial reporting.",
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      "text": "Since January 2012, DuPont has provided nine different versions of 2011 EPS. Can DuPont's independent directors explain why that is? Trian's nominees will seek to ensure that the board holds management accountable.",
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      "text": "Since January 2012, DuPont has provided nine different versions of 2011 EPS. Can DuPont’s independent directors explain why that is? Trian’s nominees will seek to ensure that the board holds management accountable.",
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      "text": "The Reality: DuPont has provided nine different \"versions\" of 2011 EPS",
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      "text": "DuPont's Written Statement: \"Trian's analysis relies on a 2011 EPS of $4.32 that is not reported in DuPont's public filings...\" – DuPont presentation, February 2015",
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      "text": "DuPont’s Written Statement: “Trian’s analysis relies on a 2011 EPS of $4.32 that is not reported in DuPont’s public filings…” — DuPont presentation, February 2015",
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      "text": "Source: Bloomberg, Company Transcripts, SEC filings, Trian calculations. DuPont labels each of these nine EPS figures as follows...",
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      "text": "The Saga of DuPont's 2011 EPS: Which EPS Number Will DuPont Choose Today?",
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