1. P&G to Reorganize Structure in Move That Might Make Nelson Peltz Proud

    P&G to Reorganize Structure in Move That Might Make Nelson Peltz Proud

    (Bloomberg) -- Procter & Gamble Co. said Thursday it will simplify its corporate structure, a move likely to please activist investor and board member Nelson Peltz, who spent much of last year agitating for a reorganization to goose innovation and recapture sales. Key Insights The plan, announced at an investor day in Cincinnati, includes cost savings, better packaging and consumer communication, and a restructuring into six industry-based business units from 10...

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