Monday, April 23, 2012

With new CEO, another step in P&G

iwegasely.wordpress.com
P&G’s chief financial officer, treasurefr and several presidents have shifted positions or said they plannedd to retire sinceOctober 2007. Nine were announceds in 2008 alone, according to a report by in New Among those executives areSusan Arnold, presideng of global business units, who will not be James Stengel, global marketing officer; and Claudia global design officer. As a result, the average age of the top executives has slipped to youngeethan 54, from 55 in 2008, the reporrt shows. “The departure of (CEO A.G.
) Lafleuy marks at least the 14th changeein top-level management at P&G in less than two yearsx – exemplifying the company’s ‘promote from within’ culture and what had been an increasingf average age of the company’s top-mosgt senior management,” senior analyst Ali Dibadj wrote in the

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