CINCINNATI — P&G has made a commitment to use its innovation, marketing and manufacturing expertise to directly support its communities, families and people for the greater good amid the COVID-19 outbreak. Times like this truly call for a sense of unification, support and teamwork as people all over the world unite to combat this pandemic. Here’
CINCINNATI — After a lengthy proxy battle, Procter & Gamble Co. has named Novartis chief executive officer Joseph Jimenez and activist investor Nelson Peltz as directors. Jimenez and Peltz, co-founder of Trian Fund Management, are slated to join the board on March 1. Their additions will expand the P&G board from 11 to 13 members.
NEW YORK — Coty Inc. has finalized its acquisition of the fine fragrances, salon professional, cosmetics, retail hair color, and select hair styling businesses of Procter & Gamble Co. Coty said Monday that the transaction, valued at more than $11 billion, makes it the world’s third-largest beauty care company, with annual revenue of about $9
CINCINNATI — David Taylor, Procter & Gamble Co.’s group president of global beauty, grooming and health care, has been chosen to succeed A.G. Lafley as the company’s president and chief executive officer. P&G said late Tuesday that Taylor is slated to take the helm as CEO on Nov. 1, at which time Lafley will become