{
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  "docSlug": "d34e3ebbefa07bda41cee30322b1331a",
  "documentTitle": "Trian Partners | Activist Presentation Deck | 94 slides",
  "authorId": "trian-partners",
  "authorName": "Trian Partners",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2017-09-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 21,
  "pageCount": 94,
  "prevPage": 20,
  "nextPage": 22,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "balanced",
  "nDataPoints": 33,
  "notes": "The slide uses a red dashed box to emphasize P&G's position at the bottom of the peer group rankings.",
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  "metadataConfidence": 1,
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  "slideHref": "/slides/019de06f-8727-7305-aa8a-0f1cc9311f88/21",
  "deckHref": "/decks/019de06f-8727-7305-aa8a-0f1cc9311f88",
  "deckJsonHref": "/decks/019de06f-8727-7305-aa8a-0f1cc9311f88.json",
  "deckAnchorHref": "/decks/019de06f-8727-7305-aa8a-0f1cc9311f88#slide-21",
  "components": [
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        "h": 0.75,
        "w": 0.9,
        "x": 0.05,
        "y": 0.12
      },
      "kind": "chart",
      "text": "TSR 3-Year, 2-Year, and 1-Year performance charts",
      "attrs": null,
      "subkind": "bar-horizontal",
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    {
      "bbox": {
        "h": 0.03,
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        "x": 0.05,
        "y": 0.95
      },
      "kind": "disclaimer",
      "text": "Note: TSR calculated as if an investor had purchased one share of stock on the first day of the measured period and thus it includes the pro rata return of any spun-off segments (if relevant). \"Consumer Staples\" is represented by The Consumer Staples Select Sector SPDR Fund (XLP).",
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        "y": 0.92
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      "kind": "source-note",
      "text": "Source: Capital IQ. TSR measured through June 15, 2017, one day before rumors surfaced of Trian seeking Board representation.",
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      "kind": "title",
      "text": "TSR Has Trailed the Vast Majority of Peers (Cont'd)",
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  "metrics": [],
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      "matchId": "68d274ed-3c60-4e76-b87b-b4007b9b67de",
      "evidence": "Direct comparison of P&G performance against a defined peer group over multiple time horizons.",
      "confidence": 0.9
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  "arcBeats": [
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      "beatId": "3dc80ba5-80de-4e7d-be90-f3f4aab11f9f",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Expose Contradiction",
      "beatSlug": null,
      "evidence": "The deck highlights contradictions in P&G's claims and performance, demonstrating the need for change.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": null,
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      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Propose Solution",
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      "evidence": "Trian Partners presents their strategic initiatives to address P&G's challenges.",
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