{
  "docId": "019de06f-4a9b-72a9-a7e2-78a7e2dbc3ee",
  "docSlug": "297bd8544a3ce4034cd8167a5d2b8e71",
  "documentTitle": "Pershing Square | Activist Presentation Deck | 45 slides",
  "authorId": "pershing-square",
  "authorName": "Pershing Square Capital Management",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2013-05-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 33,
  "pageCount": 45,
  "prevPage": 32,
  "nextPage": 34,
  "slideType": "key_messages",
  "function": "summarize",
  "density": "balanced",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-4a9b-72a9-a7e2-78a7e2dbc3ee/33",
  "deckHref": "/decks/019de06f-4a9b-72a9-a7e2-78a7e2dbc3ee",
  "deckJsonHref": "/decks/019de06f-4a9b-72a9-a7e2-78a7e2dbc3ee.json",
  "deckAnchorHref": "/decks/019de06f-4a9b-72a9-a7e2-78a7e2dbc3ee#slide-33",
  "components": [
    {
      "bbox": {
        "h": 0.075,
        "w": 0.85,
        "x": 0.075,
        "y": 0.248
      },
      "kind": "callout",
      "text": "Since our investment became public in July 2012, we have shared our perspectives with P&G's management and board on:",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "658f7739-5f78-4a34-b453-f391e46d841b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.7,
        "x": 0.12,
        "y": 0.375
      },
      "kind": "list",
      "text": "P&G's underwhelming performance under current leadership\nIncreasing overhead cost savings goals above 2012 plan\nIncreasing productivity goals above 2012 plan\nOrganizational design and alignment\nSuccession and accountability\nShare repurchase activity\nSeparation of Chairman/CEO roles",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "96b8458a-2d38-4b95-9665-f5d66b090c24",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.695,
        "x": 0.045,
        "y": 0.165
      },
      "kind": "title",
      "text": "Pershing Square's Engagement with P&G",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5e5dae11-86ff-4937-969b-c26b7f25c5f6",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Audience Definition",
      "slug": "audience-definition",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "b3633c38-6f16-494b-a1ec-af565369d753",
      "evidence": "list/bullet: P&G's underwhelming performance under current leadership",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}