Peter W. May
| |
|---|---|
| Born | 1943 or 1944 (age 80–81)[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]
May was born to a Jewish family and grew up in Hewlett, New YorkonLong Island, the son of Isabel and Samuel May.[3] His father was a businessman and his mother a social worker.[3] He has one sister, Linda.[3] He graduated with a B.A. and later an 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 together 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 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]
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]
