Heinz in conflict Archives - Just Food
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Heinz in conflict

Crisis looming for Heinz as shareholders agitate

Famous ketchup maker HJ Heinz is trying to rebuff a group of shareholders who are lobbying for change but the company is short of friends in the financial community and momentum is building against it....

US: Heinz under increasing pressure from activist investors

US: Heinz under increasing pressure from activist investors

Heinz has referred the proposal from Trian Fund Management, a group of investors lead by billionaire Nelson Peltz who collectively own a 5.4% stake in the food company, to nominate five board members to its Corporate Governance Committee, a spokesperson for the company told just-food.