Under pressure from the board, Starbucks turns to Chipotle's Niccol as CEO; shares soarStarbucks has appointed Brian Niccol, previously Chipotle's CEO, as its new leader, replacing Laxman Narasimhan. Known for turning around C...
14 Aug, 2024, 07.48 AM IST
Walt Disney prevails over Trian in board fight, sources sayDisney defeated challenges from Trian and Blackwells in a shareholder vote. The board fight result will be disclosed soon. Share price surg...
03 Apr, 2024, 08.35 AM IST
'Merger deal with RIL undervalued Disney's Star India assets'It also said that the deal undervalued Disney's Star India assets, leading to a $2 billion impairment. On February 28, Disney and RIL annou...
24 Mar, 2024, 03.01 PM IST
Unilever CEO pursuing strategic shift with Peltz's backingHein Schumacher expressed that billionaire activist and board member Nelson Peltz is strongly supportive of a recently formulated strategy ...
12 Feb, 2024, 01.43 PM IST
Battle for Disney's future heats up, company sets meeting dateDisney set the shareholder meeting for April 3 when investors will get a say in who guides the entertainment and media giant's future. It r...
02 Feb, 2024, 07.34 AM IST
Disney investors await CEO Bob Iger's revival plan with results on tapDisney and Bob Iger are under pressure from activist investor Nelson Peltz, chief executive of Trian Fund Management, who has launched a pr...
08 Feb, 2023, 10.41 AM IST
This is the richest person in US with most kidsDo rich people have more than one child? Well, let us unearth the answer to this simple question.
04 Aug, 2022, 11.47 AM IST
Activist on parent's board could give HUL a new growth leverThe stock of Unilever Plc surged 9% on the news of Nelson Peltz of Trian Fund Management, one of the largest shareholders of the global con...
02 Jun, 2022, 06.38 AM IST
Unilever's soap opera: M&A, job cuts, Nelson Peltz joining boardThe maker of Dove soap and Magnum ice cream has had a bumpy few years, with shares falling about a quarter from highs seen in late 2019 and...
31 May, 2022, 02.09 PM IST
After $31 trillion inflows, funds figure out socially responsible investingNearly 30% of hedge funds say they’re using ESG considerations to inform investment decisions.
22 May, 2019, 07.44 PM IST
Valued interaction with Nooyi: Nelson PeltzNooyi had opposed the move, arguing that PepsiCo could leverage retail clout with both businesses together.
09 Aug, 2018, 11.33 AM IST
Procter & Gamble says Nelson Peltz has lost bid for board seat; he disagreesPeltz, 75, did suggest reorganising the maker of Tide and Pampers into three largely autonomous units.
10 Oct, 2017, 11.26 PM IST
Jeff Immelt steps aside as GE chairman ahead of scheduleImmelt left after determining "that the CEO transition has proceeded smoothly," said the maker of jet engines, gas turbines and ultrasound ...
04 Oct, 2017, 12.56 AM IST
SBI chief Arundhati Bhattacharya, ICICI Bank head Chanda Kochhar among 4 Indians in Forbes' 'Most Powerful Women' listThe Forbes '100 Most Powerful Women' list 2016 includes PepsiCo Chief Indra Nooyi, Biocon's Kiran Mazumdar-Shaw and HT Media head Shobhana ...
08 Jun, 2016, 01.07 PM IST
These are the stocks the biggest names in the hedge fund industry have been buying and sellingA number of funds also took positions in pharmaceuticals stock Perrigo, including Kyle Bass of Hayman Capital.
17 Aug, 2015, 01.01 PM IST
- Danone dairy woes a challenge for Nelson Peltz's Heinz playbook
Nelson Peltz helped bring change to HJ Heinz Co. that led to a $23 billion bid for the company last week. Now he's turning his attention to...
19 Feb, 2013, 03.59 AM IST
- Peltz stake acquisition may lead to Cadbury break-up
Cadbury Schweppes, the UK maker of Dairy Milk chocolate and Dr Pepper soda, may split its drinks and confectionery units after billionaire ...
15 Mar, 2007, 03.04 AM IST