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P&G names Taylor to CEO job; Lafley to be exec chairman

Published Wed, Jul 29, 2015 · 09:50 PM

New York

PROCTER & Gamble Co, pushing ahead with a widely expected succession plan, will elevate David Taylor to the chief executive officer job on Nov 1, with current CEO AG Lafley staying on as executive chairman.

Mr Taylor - a 35-year veteran of P&G who currently serves as head of global beauty, grooming and healthcare - will also take on the president role, the Cincinnati-based company said in a statement on Tuesday.

Mr Lafley, who has served two terms as CEO, interrupted his retirement in 2013 to lead a turnaro…

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Companies & Markets

P&G names Taylor to CEO job; Lafley to be exec chairman

Consumer & Healthcare

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

Billionaires selling cheap stuff get richer from inflation pain

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

Japan’s Uniqlo opens Rome store as part of European expansion

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