1. Pentair to aAppoint Trian's Ed Garden to Board

    Pentair to aAppoint Trian's Ed Garden to Board

    Pump and valve maker Pentair Plc said it would appoint Ed Garden, founding partner of hedge fund Trian Fund Management LP, to its board. The appointment of Garden, who is also on the board of Wendys Co and Bank of New York Mellon Corp, will increase the size of Pentair's board to 12. Trian, which is led by activist investor Nelson Peltz, disclosed a 7.24 percent stake in Pentair in June, making ...

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