The move, widely anticipated since Mr. McDonald was promoted to president-global fabric care last year, is the latest stop in his rapid rise during the past two years. Long seen by company observers and insiders as a key protege of P&G President-CEO A.G. Lafley, Mr. McDonald will now head P&G's largest global business and becomes a front-runner to ultimately succeed Mr. Lafley as CEO.
Only two years ago, Mr. McDonald was VP overseeing P&G's Japan and Korea market development organization, but he has leapfrogged several senior executives to lead the largest of P&G's three global business units. Mr. McDonald was recruited to Asia by Mr. Lafley when he headed P&G's Asian business prior to the company's restructuring along global category lines in2000.
Mr. Berndt, whose career has included heading P&G's North American and European businesses, was closely associated with former P&G Chairman-CEO Durk Jager, who retired last year in what's widely viewed as a forced resignation.
"Wolfgang Berndt leaves a legacy of accomplishments that touch virtually every part of our company," Mr. Lafley said in a prepared statement. -- Jack Neff
Copyright July 2001, Crain Communications Inc.