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  "documentTitle": "Ferguson plc (FERG)",
  "authorId": "06_Trian_Partners",
  "authorName": "Brian Baldwin",
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  "presentationDate": "2019-11-14 00:00:00",
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      "text": "We believe Ferguson can be one of the leading US RMI-oriented specialty distributors publicly traded in the United States",
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      "text": "1) Ferguson intends to demerger its UK operations(1)\n2) Kevin Murphy, Ferguson’s US CEO, will become Group CEO on November 19, 2019\n3) Board considering most appropriate listing structure for Ferguson going forward",
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      "text": "Ferguson’s September 3, 2019 Announcement",
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      "text": "Source: Company press release. (1) Subject to shareholder approval.",
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      "text": "Ferguson’s Management and Board Have Begun to Address The Problem",
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