The Procter & Gamble Company (2016 – 2022)

The Procter & Gamble Company (“P&G”) is a global consumer packaged goods company specializing in personal care products and cleaning agents. Among the company’s iconic brands are Tide laundry detergent, Crest toothpaste, Gillette razors and Pampers disposable baby diapers.

Trian initiated its investment in P&G in November 2016, believing that the company fit the profile of many Trian investments (e.g., an industry leader with an attractive asymmetric risk/reward profile, substantial market cap, strong balance sheet, and significant free cash flow).

As a large shareholder of Procter & Gamble, Trian believes P&G is well-positioned for continued success given its focused strategies, disciplined execution, accountability-driven organization structure and an extremely strong management team. Under David Taylor’s leadership and the stewardship of the P&G Board, Trian believes the company is well positioned for continued, future success as David Taylor passes the baton to Jon Moeller, who will succeed David Taylor as P&G’s CEO on November 1, 2021.

Nelson Peltz served on the P&G Board of Directors from March 2018 until October 2021, when he decided not to stand for re-election.

In May 2022, Trian announced it had exited its position in P&G.

Sector: Consumer

Fun Fact: P&G first introduced Ivory soap in 1879. Its slogan “9944/100% Pure” was based on an independent laboratory analysis and was P&G’s first scientific claim.

ESG Highlights: Please refer to the Trian ESG Fact Sheet

Company Website:

For more information on ESG initiatives at P&G, please visit

Former Trian Board Member

Nelson Peltz