Peter W. May

Source: Wikipedia, the free encyclopedia.
Peter W. May
Born1943 or 1944 (age 80–81)[1]
NationalityAmerican
EducationUniversity of Chicago (BA, MBA)
OccupationBusinessman
Known forCo-founder of Trian Partners
SpouseLeni Ann Finkelstein
Children1

Peter William May (born 1943/44) is an American businessman and investor.[2]

Biography

May was born to a

Peat Marwick.[3]
In 1972, he joined the Flagstaff Corp founded by
Triarc Companies where May served as president and chief operating officer.[3] In April 1983, the Peltz and May bought a stake in vending-machine and wire company Triangle Industries Inc. with the idea of using it to make acquisitions, building it into a Fortune 100 industrial company.[4] Triangle was sold to Pechiney in 1988.[5]

In 1989, May joined the board of directors at Mount Sinai Medical Center; in 2002, he was named chairman of the board after being asked by former U.S. Secretary of the Treasury and then fellow board member Robert Rubin.[3] He was able to restore Mount Sinai to profitability in three years without utilizing its $180 million in unrestricted funds while also increasing its endowment by $70 million to $500 million.[3]

Personal life

In 1964, May married Leni Ann Finkelstein.[6] They have a son, Jonathan Paul May (married to Juliana Kelly in 1990).[7] The couple lives in Bridgewater, Connecticut.[7]

References

  1. ^ "Executive Profile: Peter William May". Bloomberg LP. Retrieved 15 March 2018.
  2. ^ "The Power of the Argument - An Interview with Peter W. May, President and Founding Partner, Trian Fund Management, L.P. ("Trian Partners" or "Trian")". Leaders Magazine. Retrieved March 15, 2018.
  3. ^
    New York Sun
    . Retrieved March 15, 2018.
  4. ^ "Entrepreneurs Turn Tin Into Gold Sale Of Can Firm May Bring Owners $830 Million". Sun Sentinel. November 27, 1988.
  5. ^ "Pechiney SA launches a tender offer for Triangle Industries Inc from Trian Group LP". Thomson Reuters. January 13, 1989. Retrieved July 6, 2015.[permanent dead link]
  6. New York Times
    . January 19, 1964.
  7. ^
    New York Times
    . July 2, 1990. Retrieved March 15, 2018.