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P&G makes more executive changes

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CINCINNATI — Procter & Gamble Co. has announced a number of organizational moves within the past week.

P&G on Wednesday said that chief legal officer Steven Jemison, 58, is slated to retire September 30 after more than 29 years of service. In the interim, Jemison will serve as officer on special assignment, reporting to chairman, president and chief executive officer Robert McDonald.

Succeeding Jemison as chief legal officer will be Deborah Platt Majoras, 46, currently senior vice president and general counsel. The consumer products company said she is scheduled to start in the new post on February 1.

"Debbie is the right attorney and the right leader to guide P&G legal into the future," McDonald said in a statement. "She came to P&G after serving as chairman of the U.S. Federal Trade Commission, and she is one of the world’s pre-eminent global competition lawyers, a reputation she earned first as a partner at Jones Day and then as a senior official at the U.S. Department of Justice. She is also an extremely effective leader who has strengthened P&G’s litigation capabilities and helped to create a world-class compliance program for our company. P&G is very fortunate to have a chief legal officer of her caliber."

On Friday, P&G announced the appointment of Linda Clement-Holmes, 47, as senior vice president of global diversity and global business services. The 27-year company veteran is due to begin in her new role on February 1.

In her new capacity as global diversity leader, she will report to McDonald and Moheet Nagrath, global human resources officer. For her global business services duties, she will continue to report to Filippo Passerini, president of global business services and chief information officer.

Also on Friday, P&G said that Lynn Martin, a former U.S. secretary of labor, has retired from the board of directors in accordance with the company’s customary retirement age for directors. She celebrated her 70th birthday in December, the company said.

A P&G director since 1994, Martin served on the board’s Governance & Public Responsibility and Innovation & Technology committees. She was secretary of labor from 1991 to 1993 and, before that, served as a member of the House of Representatives from 1981 to 1991.


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