Consumer Goods Robert McDonald

  • *Yacktman owns $1.3 bln worth of P&G shares. Sept 14- Investment advisory firm Yacktman Asset Management said it would support the addition of Trian Fund Management LP's Nelson Peltz to Procter& Gamble Co's board and criticized the company for engaging in "a costly and distracting proxy fight" with the activist investor. Yacktman said it owned $1.3 billion worth...

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  • NEW YORK, Oct 1- Hedge fund manager William Ackman is blaming Procter& Gamble's top management for the consumer products company's problems, but said he understands the board wants to give the CEO more time to repair years of damage.

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