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  "documentTitle": "The Walt Disney Company (DIS)",
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  "notes": "Includes a performance comparison chart showing TSR relative to S&P 500 before and during Trian's involvement.",
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      "text": "Performance of Trian Portfolio Companies Where Nelson Peltz Served on the Board",
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      "text": "Select Current and Former Trian Investments",
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      "text": "We have a simple goal of ensuring that companies function with a strong \"ownership mentality.\" Trian encourages management teams and boards to operate as if wearing \"bifocals,\" with a watchful eye on the near-term, but always maintaining a primary focus on maximizing sustainable long-term value for all shareholders",
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      "text": "Our Strategy: Board Representation, Long-Term Horizon, Constructive Engagement",
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      "text": "Avg. Annual Relative Total Shareholder Return (TSR) vs. S&P 500: +511bps",
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      "text": "Founded in 2005, Trian Fund Management, L.P. (\"Trian\") is a multi-billion dollar investment management firm that invests in high-quality companies with significant long-term potential; we work collaboratively with management and boards to optimize strategy, operations and value creation opportunities.",
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      "text": "Source: FactSet. Note: (1) MFS White Paper Series... (2) Represents the simple average of annualized TSR...",
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      "text": "About Trian",
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