The investor takes small stakes in companies and then puts pressure on management to improve performance.
He often publishes so-called white papers to coincide with his investment, and has written one on GE called “Transformation Underway… But Nobody Cares.”
Peltz, helped to force Cadbury into its eventual takeover by US cheese giant Kraft in 2007 but recently lost his first boardroom showdown in a decade when shareholders rejected a plan for US chemicals group DuPont.
