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      "text": "Legg Mason, Inc. (NYSE: LM) announced today that it has increased the size of its Board of Directors from 10 to 12 members and has appointed Nelson Peltz and Ed Garden of Trian Fund Management, L.P. (\"Trian Partners\") to the Company's Board of Directors, effective immediately.",
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      "text": "Trian to identify one additional independent director, to be approved by the Board, who will be added at Annual Meeting. Two additional independent directors to be added as part of ongoing Board refreshment",
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      "text": "Baltimore, MD – May 20, 2019 – Legg Mason, Inc. (NYSE: LM) announced today that it has increased the size of its Board of Directors from 10 to 12 members and has appointed Nelson Peltz and Ed Garden of Trian Fund Management, L.P.",
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      "text": "We welcome Trian's return as a significant Legg Mason shareholder and the addition of Nelson and Ed to our Board of Directors.",
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      "text": "\"We welcome Trian’s return as a significant Legg Mason shareholder and the addition of Nelson and Ed to our Board of Directors. Their experience in the asset management industry will be valuable as we pursue our common goal to increase value for Legg Mason clients and shareholders. We look forward to working closely and constructively with Nelson and Ed to achieve this objective.\" — Joseph A. Sullivan, Legg Mason's Chairman and Chief Executive Officer",
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