Around the Net
Behind The Scenes At P&G
- Cincinnati Enquirer, Monday, June 3, 2013 9:33 AM
Bob McDonald retired May 23 as Procter’s chairman and chief executive, after creating contretemps for both the board and activist shareholders who have been pushing for more structural changes at the company. McDonald was feeling the pressure to improve Procter & Gamble Co.’s financial results for more than a year, pressure that increased steadily each quarter. He was replaced by former CEO A.G. Lafley, who had retired in 2009.
