Bill Ackman believes that Proctor and Gamble (NYSE:PG) could trade for $ in two years versus the current share price of $ poor marketing support and ineffective pricing strategies has resulted in P&G in P&G (approximately ~1% of shares outstanding) with Bill Ackman agitating . investment in P&G, please refer to our full presentation which can be viewed at. Hedge fund titan Bill Ackman sets his sights on P&G’s CEO. time, this accounts for 25% of his time,” Ackman said during his presentation.

Author: Meztijin Kim
Country: Peru
Language: English (Spanish)
Genre: Music
Published (Last): 27 March 2013
Pages: 39
PDF File Size: 13.79 Mb
ePub File Size: 9.84 Mb
ISBN: 508-6-49382-348-2
Downloads: 97156
Price: Free* [*Free Regsitration Required]
Uploader: Brashicage

It remains to be seen whether they will welcome Ackman more enthusiastically than in We respect your privacy no spam ever. He didn’t mention J. Seems a bit excessive, no? The rest will be more or less split between overhead savings, marketing efficiencies, and operating leverage that assumes 5 percent organic growth in line with the average under Lafley, but ambitious compared to post growth.

StupidStock Move of the Day! Given how many companies have been targeted after an event-driven turn in the share price by activists desperate for value look to Symantec or Papa Johns for examplesit avkman only a matter of time before Starbucks got roasted.

Will Procter & Gamble’s New CEO Give Bill Ackman What He Wants?

Subscribe to ValueWalk Newsletter. Where’s the drama on Wall Street? Nobody expected Starbucks to just sit around.

He didn’t specify, but said there are several quality internal and external candidates. Of course, the mockery is as unsurprising as the target. Lafley will likely go down in history as a superstar executive because of how he navigated the company through a period of weakness and, ostensibly, into a position of strength.


To view prresentation watchlist Not a member yet? Should McDonald fail to turn things around quickly enough, who does Ackman think should step in? But he could become an xnd further down the road, pushing for management changes or a spinoff of the Chinese business once it has reached a healthy scale. Sign up now for biol free account. Ackman has been known for bringing new leadership into his investments, though not all his moves turn out as planned.

Ackman: P&G CEO may need to go

IBM caught up in Accenture rout. He’s been a vocal critic of the company’s management and its financial performance since disclosing his stake last year.

When the company began assigning itself report cards in its annual reports inthe company outperformed or met its goals every year untilin the wake of the financial crisis.

Less handily, the activist starts work at paint gamlbe specialty coatings company PPG at a disadvantage, revealing its stake just after the stock sold off on earnings. This month alone General Electric and Perrigo, which have activists on their boards, changed their CEOs after 14 and nine months respectively.

Afterthe report cards started getting presentatiob and more ambiguous as global recession and economic downturn took its toll on the company. Markets shrug off China stimulus.

And Ackman thinks that may be more than a few too many.

The Influence Of Activism: Ackman Aims To Fix Starbucks’ Management

He said he’s willing to give McDonald two to three quarters to get the company in better shape. Prior to joining CNNMoney, she covered venture capital and entrepreneurs for Forbes, and mergers and bankruptcy for Mergermarket and Debtwire, both divisions of the Financial Times. Yet backseat activists — riding changes led by others — can also bite. Never Miss A Story! The new structure would split products into four categories, but the composition of each is not yet clear, according to reports.


Taken with a newly listed and as-yet untapped London vehicle, Trian is looking like one of the busiest activists around this autumn. Shortly presenfation, the stock was hammered anf a guidance reduction. Penney CEO out after troubled tenure.

By the end ofshares had pretty much done nothing but trade sideways, and investors were beginning to put pressure on the company to shake things up. Q3 nad fund letters, conference, scoops etc.

Lafley, who led the company from towould be joining the company as Chairman and, President, and CEO. Ackman may ride Starbucks for a short while and then jump to another new idea, as he did with Nike recently. SodaStream pops on sale rumors. Each section would have a president that reported directly to Lafley. The Buzz All markets and investing news all the time. Investors spooked by China slowdown.

Currently, the company organizes its products into two broad divisions: Herbalife reports record results. Only one, Xerox, is a corporate board, he said.

Still Ackman made it clear from those thinly veiled comments that he wants McDonald out. Get the entire part series on our in-depth study on activist investing in PDF.

TW Telecom, by contrast, could be an acquisition target down the road. Starbucks had been thought of as an activist target since May — Bernstein analyst Sara Senatore hosted a call on the subject prcter we wrote about presenttaion our Half-Year Review.

Send me ocassional third party offers Yes No.