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Leadership
P&G Chairman steps down
08.12.2009
Consumer products giant Procter & Gamble (P&G) has announced that its Chairman AG Lafley will set down from 1 January and will be replaced by Robert McDonald, who is currently the company’s President and CEO.
Lafley (pictured), who is 62, will officially retire from P&G on 22 February 2009.
Lafley became President and CEO of P&G in June 2000 and was succeeded in this role by McDonald in July of this year.
In a statement, P&G said Lafley had continued to serve as Chairman of the board to support the management transition.
Lafley said he was retiring with confidence in P&G’s management team. The company delivered a strong July - September quarter and is expecting sequential improvement over the balance of the fiscal year, he said.
P&G owns household brands such as Pampers, Pantene, Mach3, Bounty, Dawn, Pringles, Lenor, Crest, Oral-B, Duracell, Olay, Head & Shoulders and Gillette. The company employs 135,000 people working in some 80 countries worldwide.
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Irish Director is the definitive magazine for leaders and senior decision makers in Ireland. Produced in association more..
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Owner Manager is the latest title from the BusinessandLeadership.com stable. It is the only magazine in Ireland to more..
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Knowledge Ireland is a ground-breaking quarterly magazine from our sister brand siliconrepublic.com, unique in its more..
Irish Director is Ireland’s leading senior management magazine. Designed for business leaders and decision makers across the island, it covers topics of specific relevance to Ireland’s senior directors.
Owner Manager is the latest title from the BusinessandLeadership.com stable. It focuses specifically on the needs of the business owner, offering both strategic and practical features and information related to running your own business.
Marketing Age is the definitive ‘voice’ of the marketing industry in Ireland. Aimed at decision makers, marketing directors and industry professionals, it deals in-depth with marketing strategy, innovation and the world of new media.
Knowledge Ireland is a ground-breaking bi-monthly magazine from our sister brand siliconrepublic.com, unique in its exploration of strategy and innovation through people and technology.
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