17 Jul 2017 Nelson Peltz takes on P&G, seeks seat on board ( Portfolio ) "Over the past decade, P&G has underperformed relative to both its peers and the S&P 500. Over a 10-year period, P&G’s total return to shareholders was less than half that of its peers and has been in the bottom quartile over most recent time frames. Trian believes P&G needs to address the factors contributing to this consistent underperformance..."