Trian pushes the DuPont breakup (2015-2017)
Activist fund Trian Partners, co-founded by Ed Garden and Nelson Peltz, pressed DuPont to cut costs and split apart. The campaign helped drive DuPont's merger with Dow and a later plan to break the combined company into focused pieces.
DuPont's CEO departed and the company agreed to deep cost cuts and a strategic overhaul.
The merged DowDuPont split into three companies by 2019, a template for activist-driven breakups.
Ed Garden, who pressed Middleby toward this spin-off, ran the same playbook at DuPont a decade earlier.
