Heinz Needs Management to be Spiced Up (HNZ)

There was some speculation recently that Nelson Peltz was undertaking an activist role with H.J. Heinz Company (HNZ). As of today, no 13-D or proxy statement opposing management has appeared.

This follows a few days of considerable activity in HNZ options. Let’s look at the Heinz business.

No question that this is a collection of brand “icons.