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  "documentTitle": "Trian Partners | Activist Presentation Deck | 94 slides",
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  "authorName": "Trian Partners",
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  "presentationDate": "2017-09-01 00:00:00",
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  "notes": "The slide uses a negative framing technique to clarify the activist's agenda.",
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      "text": "If elected, Nelson's first action as a P&G Director would be to recommend that the Board reappoint the P&G nominee who was not re-elected",
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      "text": "NOT advocating for the break-up of the Company\nNOT suggesting that the CEO be replaced\nNOT seeking to replace any Directors\nNOT advocating taking on excessive leverage\nNOT seeking to cut pension benefits\nNOT suggesting that R&D, marketing or capex be reduced\nNOT seeking cost cuts that could impact product quality\nNOT suggesting the Company move out of Cincinnati",
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      "text": "Trian's objective is to create sustainable long-term value at P&G.",
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      "text": "What We Are NOT Recommending",
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