After the closing bell on July 12, more than 200 of America's business leaders and their guests filled the floor of the New York Stock Exchange to honor the 2006 Chief Executive of the Year, A.C. Lafley. In assuming the title, Lafley joined a list notable for including luminaries such...
CINCINNATI -- A.G. Lafley, Procter & Gamble Co.'s chairman, president and chief executive officer, enjoys visiting stores almost as much as he delights in talking shop with his retail customers. Indeed, it is fair to say that no previous P&G CINCINNATI -- A.G. Lafley, Procter...
PROCTER & GAMBLE CO.'s board of directors announced last Thursday that it has elected Alan G. Lafley as president, CEO and director, effective immediately. Mr. Lafley's predecessor, Durk I. Jager, will retire on July 1 after 30 years of service PROCTER & GAMBLE CO.'s...
Lafley warns of flatter sales growth and admits losses of market share Procter & Gamble may meet earnings estimates for the year, but clinging on to margins to secure profits is not doing much for top line growth, warned analysts after the con ...
* Procter & Gamble and Unilever are in the doldrums. With investors grumbling, how do the/engineer reinvention wonders Alan Mitchell Which is more painful? A headline grabbing crisis which ousts the CEO and sees the share price sink almost ove * Procter &...
CHICAGO (Reuters) - Procter & Gamble Co PG, the maker of Gillette razors and Pampers diapers, said on Friday that Chairman and Chief Executive A.G. Lafley's total compensation in the latest fiscal year declined 15 percent due largely to lower option...
Continuing Its Streak of Historical Lows, All Five Indices of the CEO Index Dip in June Investment and Employment Confidence Indices Reach Record Lows MONTVALE, N.J., July 2 /PRNewswire/ -- Amidst a 10 percent decline in the Dow Jones Industrial Average over...
Procter & Gamble has announced the retirement of G. Gilbert Cloyd, chief technology officer. Cloyd will retire effective Sept. 1, after more than 33 years of service. Until that time, effective June 1, Cloyd will be named officer on special assignment, reporting to A.G. Lafley,...
CANNES, France -- The rivalry of Web vs. TV commercials ended in a tie for the top prize at the Cannes Lions International Advertising Festival. A British TV ad with a drumming gorilla for Cadbury Dairy Milk chocolate and a series of three-minute Internet videos for...
CANNES, France -- The 55th Annual Cannes Lions International Advertising Festival begins in earnest today, with seminars, schmoozing and a global advertising awards competition on the French Riviera. But in the past five years, the festival, considered the ad industry's creative pinnacle, has attracted increasing numbers...
CINCINNATI, June 12, 2008 /PRNewswire-FirstCall/ -- The Procter & Gamble Company today announced the following organizational changes: -- Ed Shirley (51), currently group president, P&G North America, has been elected vice chair - Global Beauty & Grooming, reporting to...
Overall Sentiment Remains Pessimistic; CEOs Uncertain About the Future Direction of Economy MONTVALE, N.J., June 5 /PRNewswire/ -- After enduring a six-month free-fall, the monthly Chief Executive magazine CEO Index showed signs of stabilization in May. The Index, which surveyed 334 U.S. top...
CLEVELAND -- Jams and jellies maker J.M. Smucker is adding coffee to its menu of brands by buying Folgers from consumer products company Procter & Gamble in a $2.95 billion, all-stock deal, Smucker's biggest ever. The deal announced Wednesday will nearly double Smucker's...
NEW YORK AFP — Consumer products giant Procter & Gamble said Wednesday it was spinning off its Folgers coffee business into JM Smucker Co. in a 3.3 billion dollar deal. P&G shareholders will own 53 percent of the new business, which includes a range of Folgers...
ORRVILLE and CINCINNATI, Ohio, June 4 /PRNewswire-FirstCall/ -- The J. M. Smucker Company and The Procter & Gamble Company announced today the signing of a definitive agreement to merge the Folgers coffee business ("Folgers") into The J. M. Smucker Company in an all-stock reverse...
Forget capital, strategy, R&D. In today's fastpaced, global economy, the most important criteria for success may well be a robust, active process for identifying, developing and retaining leaders three or more levels below the CEO. [ILLUSTRATION OMITTED] The role talent development plays in...
How top-level involvement raises the bar on talent development. Forget capital, strategy, R&D. In today's fastpaced, global economy, the most important criteria for success may well be a robust, active process for identifying, developing and retaining leaders three or more levels below the CEO. The...
Byline: JACK NEFF The package-goods industry is fast becoming a sort of reverse Cinderella story: Beauty is no longer the belle of the ball, and scrubbing floors may be the road to glory. After years of major...
Byline: JACK NEFF Procter & gamble co. is "considering'' some big cuts in TV spending, The Wall Street Journal has reported, which is remarkable considering the bloody stump that its TV budget should have become after its deep double-digit cuts...
CINCINNATI, May 14 /PRNewswire/ -- The Procter & Gamble Company today announced the following organizational changes: -- G. Gilbert Cloyd (62), chief technology officer, will retire effective September 1, 2008, after more than 33 years of service. Until that ...