Supplier News Breaks
P&G reorganizes beauty and grooming, household care units
May 4th, 2011
CINCINNATI – Procter & Gamble Co. has announced a leadership change in and realignment of its beauty and grooming division and household care unit.
P&G said Wednesday that Edward Shirley, vice chairman of beauty and grooming, will retire from the company on Jan. 1, 2012, after 33 years service.
Until that time, effective July 1, Shirley will serve as vice chairman on special assignment, continuing to report to P&G chairman, president and chief executive officer Robert McDonald. In that role, Shirley will focus on ensuring the seamless transition of the beauty and grooming business, according to the consumer products company.
Meanwhile, Dimitri Panayotopoulos, vice chairman of global household care, has been appointed vice chairman of global business units, assuming responsibility for the beauty and grooming unit and the household care division.He will continue to report to McDonald.
With the management change, P&G also will move the beauty and grooming and the household care global business units under the leadership of Panayotopoulos.
"Dimitri is another outstanding leader whose vision will continue to help drive our growth strategy," McDonald said in a statement. "This new structure is the right one for the business at this point in time. This evolution of our structure is normal business practice for us and may evolve further in the future as our strategy and business conditions create new needs and opportunities."
Shirley's career began with The Gillette Co., where he held positions of growing importance before being appointed president of international commercial operations prior to the acquisition of Gillette by P&G in 2005. He was appointed group president of P&G's North American business after the acquisition and promoted to the role of vice chairman of beauty and grooming in 2008.
"Ed has had an outstanding career," McDonald stated. "He was one of the most respected leaders at Gillette, and he played a pivotal role in ensuring the success of the Gillette integration into P&G. He continued that inspirational leadership of our North American operations and then as vice chairman provided the strategic vision to energize the growth of our beauty and grooming global businesses."
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