Nelson Peltz calls on Procter & Gamble to halt review of proxy vote, add him to the board

6 years ago

Procter & Gamble Co. has again disappointed Nelson Peltz by starting its review of election results that showed the New York hedge fund manager won election to P&G's board by a margin of 42,780 votes. P&G told WCPO last week that it would review the results announced Nov. 15 by IVS Associates, a Delaware-based inspector of elections that declared Peltz the winner by a margin of 0.0019 percent. P&G spokesman Damon Jones said the review has begun and is expected to take several weeks to complete. At that point, the company will decide if it wants to formally challenge the results.

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