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: Sazahn Fenos
Country: Cambodia
Language: English (Spanish)
Genre: Education
Published (Last): 21 December 2013
Pages: 176
PDF File Size: 5.73 Mb
ePub File Size: 12.26 Mb
ISBN: 747-9-41234-802-3
Downloads: 87013
Price: Free* [*Free Regsitration Required]
Uploader: Tagor

Ackman: P&G CEO may need to go

The rest will procyer more or less split between overhead savings, marketing efficiencies, and operating leverage presentatiin assumes 5 percent organic growth in line with the average under Lafley, but ambitious compared to post growth.

He didn’t specify, but said there are several quality internal and external candidates. Ackman may ride Starbucks for a short while and then jump to another new idea, as he did with Nike recently. We respect your privacy no spam ever. Where’s the drama on Wall Street? Ackman has been known for bringing new leadership into his investments, though not all his moves turn out as planned. Taken with a newly listed and as-yet untapped London vehicle, Trian is looking like one of the busiest activists around this autumn.

Never Miss A Story! Shortly thereafter, the stock was hammered by a guidance reduction. Lafley, who led the company from towould be joining the company as Chairman and, President, and CEO. In June, it announced that it would accelerate efforts to improve profitability and increased its dividend.

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. He didn’t mention J. Nobody expected Starbucks to just sit around. IBM caught up in Accenture rout. Yes, Urban Outfitters may be finally turnings things around. Only one, Xerox, is a corporate board, he said. Penney CEO out after troubled tenure.


He said he’s willing to give McDonald two to three quarters to get the company in better shape. The Sohn conference is known to produce wild stock gyrations, as ackmaj rush to follow the bets that major hedge fund managers make for or against stocks.

He deemed Level 3 to be a long-term consolidator in the industry.

SodaStream pops on sale rumors. Markets shrug off China stimulus. Send me ocassional third party offers Yes No. Ackman also stayed silent on his big billion dollar short position in multilevel marketing firm Herbalife HLF.

Afterthe report cards started getting bll and more ambiguous as global recession and economic downturn took its toll on the company.

Save it to your desktop, read it on your tablet, or print it out to read anywhere!

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. Discover a new stock idea each week for less than the cost of 1 trade.

Still Ackman made it clear from those thinly veiled comments that he wants McDonald out. Less handily, the activist starts work at paint and specialty coatings company PPG at a disadvantage, revealing its stake just after the stock sold off on earnings. Investors spooked by China slowdown. Should McDonald fail to turn things around quickly enough, who does Ackman think should step in? To view my watchlist Not a member yet? Proctsr indicated at the bottom of the slide, many of these issues are addressable.

It remains to be seen whether they will welcome Ackman more enthusiastically than in peesentation 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 proccter examplesit was only a presentatiln of time before Starbucks got roasted.

Subscribe to ValueWalk Newsletter.


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

Of course, the mockery is as unsurprising as the target. Herbalife reports record results. This month alone General Electric and Perrigo, which have activists on their boards, changed their CEOs after 14 and nine months respectively.

Get the entire part series on our in-depth study on activist investing in PDF.

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

Sign up now for a free account. Starbucks had been thought of as an activist target since May — Bernstein analyst Sara Senatore hosted a call on the subject that we wrote about in our Half-Year Review.

He’s been a vocal gamle of the company’s management and its financial performance since disclosing his stake last year. But he could become an agitator further down the road, pushing for management changes or a spinoff of the Chinese business once it has reached a healthy scale. Less than two weeks later, its chief financial officer announced his retirement.

Yet backseat activists — riding changes led by others — can also bite. TW Telecom, by contrast, could be an acquisition target down the road. Seems a bit excessive, no? Q3 hedge fund letters, conference, scoops etc.

Bill Ackman Ira Sohn Presentation – A Rising Tide Is a Good Gamble –

Currently, the company organizes its products into two broad divisions: Prior to joining CNNMoney, she covered venture capital gable entrepreneurs for Forbes, and mergers and bankruptcy for Mergermarket and Debtwire, both divisions of the Financial Times. The new structure would split products into four categories, but the composition of each is not yet clear, according to reports.

Each section would have a president that reported directly to Lafley.