Nelson Peltz
Nelson Peltz
Nelson Peltzis an American businessman and a founding partner, together with Peter W. May and Edward P. Garden, of Trian Fund Management. L.P., an alternative investment management fund, based in New York. He is non-executive chairman of the Board of The Wendy's Company and a director of Legg Mason, Mondelēz International and Ingersoll Rand. He was formerly a director of H.J. Heinz Company. He was also formerly the Chief Executive Officer of Triangle Industries...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth24 June 1942
CityBrooklyn, NY
CountryUnited States of America
After Cadbury, the candy company, separated from Dr. Pepper, the soft drinks maker, Cadbury was able to substantially lower its debt load. The profits of Cadbury, the candy company, zoomed.
You must make some decisions Wall Street dislikes.
The activists play the balance sheet by selling a division to buy back stock and leveraging the balance sheet and buying back more stock.
Sometimes it takes longer to create value, but if the companies generate more earnings, the stocks will ultimately reflect that.
Sequestration, sequestation - however you pronounce that word - and gridlock aren't all that bad.
Rupert Murdoch is a good friend of mine.
My kids are exhausted every day, and I keep them that way. It's gym, ice, homework. They're too tired to get in trouble.
It appears that PepsiCo views structural change as a sign of weakness, an admission of failure, and an untenable break with past traditions.
If I'm on the board of any company where there's an offer that comes in, I want to negotiate.
I'm willing to have two directors on the DuPont board, me being one of them.
I understood the power of Heinz since I was a kid, and I started to work for my father selling food to restaurants.
I spent most of my career operating businesses and fixing businesses, not staring at a Bloomberg screen.
I don't mind anybody coming after me as long as they're coming with facts.
I try to figure out the marketing puzzle.