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Member Since: 2/2007Last Seen: 12/09/2007

Credit for Heinz growth spread around - Pittsburgh Tribune-Review

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Activist investor, Nelson Peltz, is attributed with some credit for the H.J. Heinz turnaround. Peltz has recently been in the news for his newest stake in Tiffany and potential interest in Aston Martin.

Nine months of solid economic growth at the H.J. Heinz Co., with net income increasing nearly 13 percent, and total sales climbing almost 10 percent, begs the question:

Is it Heinz, or is it Nelson Peltz? Analysts and industry watchers say the positive results at Heinz are a combination of the two.

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