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  "documentTitle": "The Procter & Gamble Company (PG)",
  "authorId": "06_Trian_Partners",
  "authorName": "Nelson Peltz",
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      "text": "At Trian’s consumer investments where Nelson Peltz has served on the board, margin improvement coincided with sales growth, often due to reduced bureaucracy, greater accountability, and a faster moving organization",
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      "text": "Source: SEC filings. (1) Represents earnings before interest, taxes, depreciation & amortization (“EBITDA”) margin... (2) Represents operating margin excluding advertising spend.",
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      "text": "Comparison of Margin Improvement and Growth Profile for Mondelez, Sysco, Wendy's, and Heinz.",
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      "text": "Cost Reduction and Faster Growth are NOT Mutually Exclusive",
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