At Unilever, Activist Investor Nelson Peltz Faces Tricky Task to Reinvigorate Growth
Unilever PLC
UL -4.57%
has for years wrestled with the best way to run its ice cream-to-shampoo empire. Now it is set to get some fresh inspiration from activist investor
Nelson Peltz.
Mr. Peltz, who gained a board seat at Unilever after his Trian Fund Management LP amassed a 1.5% stake in the maker of Ben & Jerry’s ice cream, has a strong record in the consumer-goods industry. Still, reinvigorating Unilever could prove tricky. The…