Schulte successfully represented Trian Fund Management LP in its proxy contest securing the election of its CEO and founding partner Nelson Peltz to The Procter & Gamble Company's Board of Directors. Owning approximately $3.3 billion of shares of Procter & Gamble, Trian's election to the Board of Directors was in conjunction with its efforts to address Procter & Gamble's disappointing performance throughout the past decade. Procter & Gamble, a $228 billion market cap multinational manufacturer, is the largest company ever to be the subject of a proxy contest.

The Schulte team representing Trian Partners was led by partner and co-chair of the firm's global Shareholder Activism Group Marc Weingarten and included shareholder activism partner Aneliya Crawford and mergers & acquisitions associates Brandon Gold, Reuben Zaramian and Daniel Goldstein.