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  "documentTitle": "The Procter & Gamble Company (PG)",
  "authorId": "06_Trian_Partners",
  "authorName": "Nelson Peltz",
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  "presentationDate": "2017-09-06 00:00:00",
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      "kind": "callout",
      "text": "Trian believes that P&G should embrace a “best athlete” approach to filling every position, considering both internal and external hires for roles. The goal should be to have at least ~25 of the top 100 commercial executives with significant external experience",
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      "text": "Trian believes that P&G should embrace a “best athlete” approach to filling every position, considering both internal and external hires for roles.",
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      "text": "Only three executives have more than 3 years of work experience outside of P&G\nOf the 3 executives with more than 3 years of experience outside of P&G, all are in functional roles\nNo current GBU or SMO Group President or President appears to have worked outside of P&G, and all have been at the Company ranging from 23 to 37 years\nAverage tenure at P&G for all top executives is ~29 years",
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      "text": "A very small subset of P&G’s top managers have meaningful experience outside of the Company. Of P&G’s top 33 executives (listed on P&G’s website as of September 2017):",
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      "text": "Source: Company website as of September 2017.",
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      "text": "No P&G Leaders in Operating Roles Have External Experience Today",
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