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Moving the growth needle at Procter & Gamble Co. (NYSE:PG) isn't easy. Not only is the company an $80 billion-in-sales behemoth, but it is after all in the consumer products business. And in the developed world at least, growing sales of shampoo and diapers faster than GDP is tough. Mostly,...
Posted on October 30, 2009 2:01 PM
Procter & Gamble Co. (NYSE:PG) named 29-year veteran and chief operating officer Robert McDonald as CEO of the Cincinnati-based consumer conglomerate, replacing nine-year chief A.G. Lafley.Lafley increased the firm's free cash flow productivity by 111% since 2001 and will keep his chairmanship, while McDonald becomes CEO and joins the board...
Posted on June 10, 2009 10:21 AM
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
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