Activist Investor May Urge P&G To Lose Non-Core Brands, McDonald

Changes may be ahead for Procter & Gamble following William Ackman and Pershing Square Capital Management’s investment in the Cincinnati-based consumer-goods giant. Analysts suggest the activist investor may push to replace CEO Bob McDonald and divest non-core brands.

William Ackman and his investment firm Pershing Square Capital Management have acquired a small stake in Procter & Gamble Co. and will likely push for changes to raise the struggling firm’s share price and bottom line, according to analysts.

Ackman, who’s cultivated a reputation for aggressively seeking changes at companies in which he has an interest, received Federal Trade

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on HBW Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Leadership

More from HBW Insight