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  "documentTitle": "Trian Partners | Activist Presentation Deck | 94 slides",
  "authorId": "trian-partners",
  "authorName": "Trian Partners",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2017-09-01 00:00:00",
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  "pageNumber": 17,
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  "notes": "Uses a before-after framing to demonstrate that initial hostility from management often turns into productive collaboration.",
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      "kind": "image",
      "text": "Heinz, DuPont, P&G logos",
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      "text": "Trian has been involved in three proxy contests in its history: Heinz in 2006; DuPont in 2015; and P&G in 2017. In all three, we heard substantially the same rhetoric from the companies and their advisors prior to the proxy contest.",
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      "text": "Source: SEC filings and press releases.",
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      "text": "Comparison table of quotes before and after Trian involvement",
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      "text": "Trian Has Developed Strong Relationships with Company Boards and Management Teams Following Prior Proxy Contests",
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