Peltz owns roughly $1.9 billion of DuPont stock through his hedge fund, Trian Fund Management. He has initiated a proxy war to place four candidates, including himself, on the company's board. If Peltz is successful, his board members will lobby DuPont to spin off its nutrition and health and agriculture units. Although Peltz has not threatened to cut DuPont retiree health benefits, his actions at ketchup maker Heniz have Cornelia and his fellow retirees worried. Trian initiated a proxy war at Heinz in 2006 that resulted in Peltz and Micheal Weinstein joining the company's board. In 2010, while both were active directors, Heinz stopped providing retirees with health insurance and created a reimbursement account. The company started with a $7,000 contribution the first year, but eventually lowered it to $3,500, according to media reports.