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  "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",
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  "pageNumber": 77,
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  "nDataPoints": 13,
  "notes": "The slide uses a comparison table to link external CEO experience to higher 10-year TSR performance.",
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      "kind": "list",
      "text": "Many peers who have outperformed P&G have had CEOs with substantial external experience. P&G's last four CEO's all spent their entire career at P&G. At the time the Board made these CEO decisions, very few if any GBU or SMO leaders had substantial external experience. We are committed to working with David Taylor but good governance mandates robust succession planning.",
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      "text": "Other CPG Companies That Hired CEOs With Significant External Experience: Nestle, Mondelez, Campbell Soup, Conagra, Dr Pepper Snapple, Kraft Heinz, PepsiCo, Diageo, Coty, Estee Lauder.",
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      "text": "Examples of Competitors That Hired CEOs with Significant External Experience. Includes Church & Dwight, Clorox, Unilever, Beiersdorf, Henkel with their respective CEOs, years of experience, and 10-year TSR.",
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      "kind": "title",
      "text": "Future CEO Succession Process Should Plan for Potential External Candidates",
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