Peter W. May
Peter W. May | |
|---|---|
| Born | 1943 or 1944 (age 81–82)[1] |
| Nationality | American |
| Education | University of Chicago (BA, MBA) |
| Occupation | Businessman |
| Known for | Co-founder of Trian Partners |
| Spouse | Leni Ann Finkelstein |
| Children | 1 |
Peter William May (born 1943/44) is an American businessman and investor.[2]
Biography
[edit]May was born to a Jewish family and grew up in Hewlett, New York, on Long Island, the son of Isabel and Samuel May.[3] His father was a businessman, and his mother was a social worker.[3] He has one sister, Linda.[3] He graduated with a B.A. and later a M.B.A. from the University of Chicago and then worked for the accounting firm Peat Marwick.[3] In 1972, he joined the Flagstaff Corp, founded by Nelson Peltz, as an accountant and later became its chief financial officer.
In the 1980s, May and Peltz partnered and founded the investment firm Triarc Companies, where May was the president and chief operating officer.[3] In April 1983, 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 after being asked by former U.S. Secretary of the Treasury and then fellow board member Robert Rubin.[3] He restored Mount Sinai to profitability in three years without utilizing its $180 million in unrestricted funds while increasing its endowment by $70 million to $500 million.[3]
Personal life
[edit]In 1964, May married Leni Ann Finkelstein.[6] They have a son, Jonathan Paul May (married to Juliana Kelly in 1990).[7] Peter May and Leni Finkelstein live in Bridgewater, Connecticut.[7]
May is the Co-Chairman of the Board of the New York Philharmonic.[8]
References
[edit]- ^ "Executive Profile: Peter William May". Bloomberg LP. Retrieved 15 March 2018.
- ^ "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.
- ^ a b c d e f g Gupte, Pranay (February 22, 2002). "Lunch at The Four Seasons with: Peter May". New York Sun. Archived from the original on April 11, 2016. Retrieved March 15, 2018.
- ^ "Entrepreneurs Turn Tin Into Gold Sale Of Can Firm May Bring Owners $830 Million". Sun Sentinel. November 27, 1988. Archived from the original on May 26, 2013.
- ^ "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]
- ^ "Leni Ann Finkelstein Fiancee of Peter May". New York Times. January 19, 1964.
- ^ a b "Juliana Kelly Wed To Jonathan May". New York Times. July 2, 1990. Retrieved March 15, 2018.
- ^ "Philharmonic Board - About Us". www.nyphil.org. Retrieved 2025-05-31.