Trian Partners Activist Presentation Deck
No P&G Leaders in Operating Roles Have External Experience Today
A very small subset of P&G's top managers have meaningful experience outside of the
Company. Of P&G's top 33 executives (listed on P&G's website as of September 2017):
■
■
■
H
Only three executives have more than 3 years of work experience outside of P&G
Of the 3 executives with more than 3 years of experience outside of P&G, all are in
functional roles
No current GBU or SMO Group President or President appears to have worked outside
of P&G, and all have been at the Company ranging from 23 to 37 years
Average tenure at P&G for all top executives is ~29 years
Trian believes that P&G should embrace a "best athlete" approach
to filling every position, considering both internal and external hires
for roles. The goal should be to have at least ~25 of the top 100
commercial executives with significant external experience
Source: Company website as of September 2017.
- 74 -View entire presentation