Everything about Nelson Peltz totally explained
Nelson Peltz is an
American businessman and a
billionaire. He is the CEO of
Triarc, the franchise parent of
Arby's,
TJ Cinnamon,
Pasta Connection and
Wendy's. Peltz is the former owner of
Snapple.
Biography
Peltz, a native of
Brooklyn, New York, was enrolled at the
MBA program at
University of Pennsylvania, but never completed his degree. He dropped out to work for the business of his family selling food to restaurants in New York.
He resides in
Mt. Kisco, New York. He also owns a house in
Paris, France, and Montsorrel (or "Mountain of Sorrow"), which is a house in
Florida previously owned by Anita Young, the sister of
Georgia O'Keeffe.
Peltz has a jet, a helicopter, and a Palm Beach mansion that has been on the market for $75m for six months. According to
Forbes, it's the most expensive home in the US. He has been married three times and has 10 children.
(External Link
) His second wife is Claudia Peltz.
In
2005, Peltz was among 53 entities that contributed the maximum of $250,000 to the second inauguration of President
George W. Bush.
Business career
Heinz proxy fight
In
2006 he was involved in a
proxy fight with
Heinz to get five members of his company Triarc on the board of Heinz. In the end he succeeded in getting two members on the board.
Corporate acquisitions
In
2007 he bought a 3% share of
Cadbury-Schweppes which may have influenced the spin-off of Cadbury Schweppes Americas Beverages from the Cadbury Schweppes confectionary group.
In
2007, he also bought $1.8 billion in shares of
Kraft Foods, roughly a 3% of the total equity of the food maker.
On Thursday, April 24, 2008 it was announced that Triarc Cos. would merge with burger chain Wendy's.
Curriculum vitae
- Trian CEO (2007- )
- Triarc Chairman & CEO (1993-2007)
- Triangle Industries, Inc. Chairman and CEO (1983-88)
- Member of the Board of Encore Capital Group (-2007)
- Member of the Board of Heinz (2006-)
- Member of the Board of Triarc (as Chairman, 1993-)
- Intrepid Sea, Air & Space Museum Trustee
- Milken Institute Overseer
- Prostate Cancer Foundation Board of Directors
- Simon Wiesenthal Center Co-Chairman
Further Information
Get more info on 'Nelson Peltz'.
|
External Link Exchanges
Do you know how hard it is to get a link from a large encyclopaedia? Well we're different and will prove it. To get a link from us just add the following HTML to your site on a relevant page:
<a href="http://nelson_peltz.totallyexplained.com">Nelson Peltz Totally Explained</a>
Then simply click through this link from your web page. Our crawlers will verify your link, extract the title of your web page and instantly add a link back to it. If you like you can remove the words Totally Explained and embed the link in article text.
As long as your link remains in place, we'll keep our link to you right here. Please play fair - our crawlers are watching. Your site must be closely related to this one's topic. Any kind of spamming, dubious practises or removing the link will result in your link from us being dropped and, potentially, your whole site being banned. |
