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Consumer conglomerate Procter & Gamble Co. (NYSE:PG) will replace nine-year CEO A.G. Lafley with Robert McDonald, The Wall Street Journal reports. No announcement was made at the board meeting Tuesday, but McDonald's appointment is expected.The Journal said people familiar with the matter noted Lafley (pictured left) would remain chairman...
Posted on June 9, 2009 9:30 AM
Not surprisingly, the folks over at CFO.com also wrote about the $1.5 million bonus that Procter & Gamble Co. CFO Clayton Daley Jr. was just awarded for his work on the Gillette integration. We told you about the latest developments in the integration. But CFO.com brings something else to the...
Posted on August 21, 2008 10:22 AM
Procter & Gamble Co. CFO Clayton Daley Jr. has been awarded a special $1.5 million bonus for doing a good job on the integration of Gillette, according to recently filed SEC documents cited in the Dayton Business Journal. P&G bought Gillette in 2005 for $54 billion. What's the latest on...
Posted on August 20, 2008 10:22 AM
Key to Procter & Gamble Co.'s pending $57 billion acquisition of Gillette Co. are the $14 billion to $16 billion in cost savings the consumer products giant expects to wring from the combination. While those projected synergies have multiple sources, a significant one is the expectation that P&G can...
Posted on April 15, 2005 3:24 PM
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