Now it appears Peltz is going on the attack against Nooyi. On Wednesday, speaking at the SALT hedge fund conference in Las Vegas, Garden said Nooyi is "suffocating" the company. Trian's main beef is that Pepsi spends $1.1 billion a year on management. Garden said that is mostly corporate waste. Breaking up the company would bring back focus and lower costs, he says.

现如今，看起来佩尔茨开始对卢英德展开攻击。本周三，在拉斯维加斯召开的SALT对冲基金会议上，嘉登表示，卢英德正在“憋死”这家公司。Trian的主要攻击点是，百事每年在管理上花费11亿美元。嘉登说，这其中大部分都是企业内耗。他表示，分拆公司将让这家公司重新找回业务重心，同时降低成本。

Many Pepsi defenders think Nooyi has done a good job. The stock is up 5% this year, which is better than the market. In its most recent quarter, Pepsi's profits were up 13%. Still, that doesn't seem to be enough to satisfy Peltz, who appears to be looking for a change at the top.

很多百事拥护者认为卢英德做了非常出色的工作。今年，这家公司的股票上涨了5%，表现好于整体市场。最近一个季度，百事的利润大涨了13%。但这些似乎还不足以让佩尔茨感到满意，他看起来准备让高层有所改变。

"The current CEO has made a major mistake," says Garden. "She's built a huge bureaucracy."

“现任CEO已经铸下大错，”嘉登说。“她已营造起浓厚的官僚做派。”

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