Unilever adds activist investor Peltz to board

© Reuters. File image: Nelson Peltz, founding partner of Trian Fund Management LP. Presented at the WSJD Live Session in Laguna Beach, CA on October 25, 2016. REUTERS/Mike Blake/File Photo

(Reuters) – Unilever (NYSE: Unilever) on Tuesday named activist investor Nelson Peltz as a new board member after his Trian Fund Management disclosed a 1.5% stake in the consumer goods giant.

Unilever said it had had “extensive and constructive discussions” with Peltz, who will be a non-executive director from July.

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