Fast Track

Procter & Gamble

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By: Jamie Matusow

Editor-in-Chief

 
Henretta
A.G. Lafley, P&G’s just appointed chairman of the board, president and CEO (please see Beauty Buzz in this issue), wasted no time in re-grouping the company’s Global Business Units into four industry-based sectors as part of an ongoing plan to improve business performance. These changes support the company’s current growth strategies of strengthening developed market businesses, maintaining developing market momentum, building a strong innovation pipeline, and driving productivity improvements. Each sector will be led by a group president who reports directly to Lafley.

Deborah A. Henretta was elected group president of Global Beauty, which includes Beauty Care, Retail Hair Care and Color, Salon Professional and Prestige.

Martin Riant was elected group president of Global Baby, Feminine and Family Care.

David S. Taylor was elected group president of Global Health and Grooming, including Shave Care, Braun, Oral Care, Health Care and Pet Care.

Giovanni Ciserani is now group president of Global Fabric and Home Care.

Along with these changes, P&G also announced that Dimitri Panayotopoulos, currently vice chairman, Global Business Units, has been elected vice chairman and advisor to the chairman and chief executive officer. And Melanie L. Healey, group president-North America and Global Hyper, Super and Mass Channel, will report to Lafley in addition to Werner Geissler, vice chairman, global operations.

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