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

Mr Lafley interrupted his retirement in 2013 to lead a turnaround at the consumer products giant.

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