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  "documentTitle": "The Procter & Gamble Company (PG)",
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  "authorName": "Nelson Peltz",
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      "text": "Management received 132% of their target bonus in 2017, despite P&G losing market share and generating EPS growth in the bottom 1/3rd of peers",
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      "text": "2017: Transformation factor boosted the annual bonus by 15%, resulting in an average payout of 132% of target, vs. what would have been 115% under the previous framework\n2016: Transformation factor boosted the annual bonus by 30%, resulting in an average payout of 93% of target, vs. what would have been 71% under pre-2016 framework",
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      "text": "Annual Bonus Payout: 100%",
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      "text": "Source: Company proxy statement, SEC filings. Average bonus payout percentages reflect average payouts to all named executive officers during the relevant period.",
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