Nelson Peltz is taking his bid to split up PepsiCo, Inc. (NYSE:PEP) to its shareholders, the co-founder of Peltz’s Trian Fund Management told CNBC on Wednesday. Peter May — the billionaire Peltz’s right hand man and president of Trian—told CNBC’s “Squawk Box” that those conversations “are going extremely well” so far.

Peter May, Trian President, Says PEP Campaign Gaining Traction [VIDEO]

Peter May pushes Pepsico split