Procter & Gamble Confirms Conclusion Against Nelson Peltz Board Membership

(RTTNews) - The Procter & Gamble Co. (PG) Board of Directors issued an open letter responding to select alumni of the H.J. Heinz Company Board of Directors. Procter & Gamble confirmed conclusion against Nelson Peltz Board Membership in Response to Heinz Board Alumni.

Procter & Gamble noted that it respected that Peltz may have been an appropriate Board member for the Heinz food company of more than a decade ago. Procter & Gamble continues to conclude that Mr. Peltz does not offer the best solution for Board and for The Procter & Gamble Company, today.

The P&G Board and management team strongly recommend shareholders vote "FOR" ALL of P&G's Directors on the BLUE Proxy Card. Shareholders are urged NOT to vote using any white proxy card or voting instruction forms the Shareholders might receive from Nelson Peltz of Trian.