Nelson Peltz

Heinz Company, Mondelēz International,[3] and Ingersoll Rand[4] and a former CEO of Triangle Industries.

[6][7][8][9] He was the youngest of their three children, and grew up in the Cypress Hills section of Brooklyn, a sub-section of the East New York neighborhood.

[15] However, he ended up driving a delivery truck for A. Peltz & Sons, a wholesale food distribution business founded by his grandfather in 1896, which delivered fresh produce and Snow Crop brand frozen food[16] to restaurants in New York.

Two years later, the food service business went bankrupt and the lender asked Peltz to salvage their outstanding loan.

[18] In the 1980s, Peltz and May, who had joined Flagstaff as Chief Financial Officer (CFO) after having been its accountant, went looking for new acquisitions.

[21][22] In 1997, through an investment vehicle they controlled, Triarc Companies, Inc.,[23] Peltz and May acquired Snapple from Quaker Oats.

[25] In 2005, Peltz, May, and Ed Garden founded Trian Fund Management, L.P. As an activist investing firm, Trian has invested in such companies as Heinz,[26] Cadbury, Kraft Foods,[27] Ingersoll Rand,[28] Wendy's,[29] DuPont,[30] Mondelēz,[3] PepsiCo,[31] State Street Corporation,[32] Procter & Gamble[33] and Family Dollar.

[49] Peltz has been described as a "notable Republican donor",[50] though he has described his own sympathies as centrist, saying "this country operates way better between center-right and center-left".

[52] In 2020, Peltz organized a fundraiser in support of the re-election campaign of President Donald Trump, but following the storming of the United States Capitol on January 6, 2021, Peltz said on CNBC on January 7, "I voted for [Trump] in this past election in November.

[55] In February 2014, Forbes listed Peltz as one of the 25 highest-earning hedge fund managers in 2013, with total earnings of $430 million, ranked 16th.