The P&G Shareholder Finally Wins!
Today, Procter & Gamble shareholders finally won.
It did not matter whether Nelson Peltz and Trian won or lost.
The bottom line is the Procter & Gamble shareholder has been holding the bag for 10 years. The performance of the company has been underwhelming. In quarterly meeting after quarterly meeting, management explained away the results, setting low targets, and explaining that they were in an endless series of restructuring moves.
For the first time, the board and senior management has finally sent a strong message back to the shareholder that, "Yes, you do matter."
With all this attention, we might now see the $30 to $40 per share upside that we always believed was achievable. We encourage Procter & Gamble shareholders to stay the course and enjoy the upside.
Procter & Gamble Employees Need to Take a Career Inventory
For Procter & Gamble employees, we encourage you to take an inventory and ask, “Are you better off remaining with the company?” For many employees, they are seeing an endless series of 70 hour weeks. They are also seeing an increased number of broken promises on career development, compensation, and upside on their stock options and restricted stock.
“Will my job be inside or outside Procter & Gamble in 3 years, 5 years, and 10 years?”
If you believe that your role will add more value outside of P&G, rather than inside, you do have work to do. It could take several months for your manager’s manager’s manager to finally let you know that your job no longer adds value for the consumer and the shareholder.
We encourage you not to wait for this information to come to you from above. You are much better off thinking through the value proposition between you and the Procter & Gamble consumer and shareholder, making sure that you have backup plans so that you can protect your career and your family’s financial interest.
If you are looking for help in making these kinds of evaluations and decisions, Lenox has helped P&G families navigate these types of changes over the last 15 years.
Don’t wait! Let us help.
Call us for a complimentary career and financial plan review.
Call 513.618.7080 or visit www.lenoxwealth.com to Fund A Life You Love.
Please contact your investment and tax advisor prior to making any decisions.
Past Performance is not indicative of future results.
This newsletter is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.