P&G Recommends Shareholders To Vote For ALL Of Its Directors On BLUE Proxy Card

(RTTNews) - Procter & Gamble Company (PG) issued a letter to shareholders detailing the comprehensive ongoing transformation that is working to yield positive results for shareholders. Procter & Gamble strongly recommended its shareholders Vote "FOR" ALL of P&G's Directors on the BLUE Proxy Card.

P&G stated that it does not believe adding Nelson Peltz to the Board is the right choice for the Company. While Mr. Peltz is an accomplished investor, he does not fit the criteria established by the P&G Board through its rigorous governance process, nor does he have the skills the Board needs to continue to guide P&G for the future. P&G is on the right track and needs to stay focused to avoid derailing the progress underway.