Procter & Gamble Plans to Open Regional Planning Center in Warsaw, Poland
Dec 3 13
The Procter & Gamble Company announced plans to open a regional planning center in Warsaw, Poland. The facility will provide production and distribution planning services for company's European operations. Once completed, the planning center will employ approximately 1,000 workers.
P&G Looking To Sell Few Brands
Nov 19 13
A.G. Lafley, Chief Execuitve Officer of The Procter & Gamble Company (NYSE:PG) (P&G), confirmed that P&G has taken a hard look at all its businesses and will look to exit underperforming businesses. Jon Moeller, Chief Financial Officer of P&G, said he wouldn’t “name names” of brands P&G is considering selling or spinning off. “We’re not going to name names,” Moeller, said. Moeller noted P&G hasn’t been shy about exiting businesses that it decides no longer fit.
The Procter & Gamble Company Announces Executive Changes
Nov 13 13
The Procter & Gamble Company announced that Dimitri Panayotopoulos, Vice Chairman and Advisor to the Chairman and Chief Executive Officer, will retire from the company, effective January 2, 2014, after 37 years of service. Mr. Panayotopoulos joined P&G in 1977. He served in sales and general management roles spanning Europe, the Middle East, Africa, and Asia, eventually overseeing all P&G brands as Vice Chair -- Global Business Units. P&G also announced that Bruce Brown, Chief Technology Officer, will retire on August 31, 2014, after more than 34 years of service. Until that time, effective February 1, 2014, Mr. Brown has been named Officer on Special Assignment. Kathleen B. Fish, currently Vice President--Research & Development, Global Fabric Care, has been elected Chief Technology Officer, succeeding Mr. Brown, effective February 1, 2014. Ms. Fish will report to A.G. Lafley. Robert L. Fregolle, Jr., Global Customer Business Development Officer, will retire on June 30, 2014, after more than 36 years of service. Until that time, effective February 1, 2014, Mr. Fregolle has been named Officer on Special Assignment. Carolyn M. Tastad, currently Vice President--Global Market Strategy & Planning and One Go-to-Market Optimization, has been elected Global Customer Business Development Officer, succeeding Mr. Fregolle, effective February 1, 2014. Ms. Tastad will report to Werner Geissler, Vice Chairman--Global Operations, and Mr. Lafley. Mr. Brown began his P&G career in 1980, and served in Research & Development roles his entire career, culminating in his election to the position of Chief Technology Officer in 2008. At P&G, the Chief Technology Officer is responsible for the Company's innovation capabilities and global R&D organization. During his nearly six years in this role, Mr. Brown has launched several important innovations and established the key technology platforms that will drive P&G's innovation programs in the future. Ms. Fish joined P&G in 1979 and has led R&D teams in most of P&G's leading core categories over her 34-year career, including Baby Care, Hair Care and Fabric Care. Most recently, she led the R&D team behind the launch of Tide Pods and Downy Unstopables. Mr. Fregolle joined P&G in 1979. He spent the majority of his P&G sales career outside of the U.S., in leadership roles across Central and Eastern Europe and Asia, before returning to the U.S. to lead P&G's Global Customer Business Development organization in 2009. Ms. Tastad began her P&G career in 1983. She has deep experience leading sales and market development organizations for P&G businesses in the U.S., Canada, Europe and globally, and has worked in a range of businesses including deep experience in Health and Beauty. In addition, P&G announced that Kirk Perry, currently President--Global Family Care, will leave P&G effective December 2, 2013, to pursue other interests. Steven D. Bishop, currently Group President--Global Feminine Care, will be named Group President--Global Feminine and Family Care. Mr. Bishop will continue to report to Martin Riant, Group President--Global Baby, Feminine and Family Care.
The Procter & Gamble Company Presents at Morgan Stanley's Global Consumer & Retail Conference, Nov-19-2013 08:35 AM
Nov 12 13
The Procter & Gamble Company Presents at Morgan Stanley's Global Consumer & Retail Conference, Nov-19-2013 08:35 AM. Venue: The Crowne Plaza Times Square, New York, New York, United States. Speakers: Jon R. Moeller, Chief Financial Officer.