Sunday, Jun 26, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Nation

P&G board reportedly dissatisfied with CEO

NEW YORK -- Procter & Gamble Co. board members are dissatisfied with Chief Executive Officer Robert McDonald's performance and are discussing a leadership change, people familiar with the situation told Bloomberg News.

The board's discussions in part coincide with activist investor William Ackman taking a stake in Cincinnati-based P&G. Mr. McDonald, 59, has been CEO for about three years and came under fire from analysts this year when P&G lost market share.

 

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…