In a paragraph tucked at the end of an announcement that it will increase investment in Gillette's South Boston manufacturing center, P&G said it's breaking up administration of the Gillette business it acquired for $57 billion in 2005, dividing it between two Cincinnati-based executives.
Arnold also takes over Braun
The Gillette blade-and-razor business will in July become part of a business unit headed by Susan E. Arnold, Cincinnati-based vice chairman-health and beauty. The Braun electric-razor and appliance unit, based in Germany, also will report to Ms. Arnold. Duracell, the remaining piece acquired by P&G, will come under Bruce L. Byrnes, vice chairman-global household care.
A spokesman for P&G said Mr. Leckie will continue to head the Gillette global business unit through a transition period that ends July 1, adding that "no plans have been announced regarding his next position."
Mr. Leckie was well-regarded by former Gillette Co. CEO and P&G Vice Chairman Jim Kilts, who at one point recommended him as his successor as CEO of Gillette -- before Mr. Kilts and the Gillette board ultimately decided to sell the company to P&G, according to people familiar with the matter. Mr. Leckie, who maintained a residence in Connecticut fairly distant from Gillette's downtown Boston headquarters, was not expected to stay long at P&G, according to some familiar with the company.
Other Gillette execs
If Mr. Leckie were to leave, he'd join Peter Hoffman, former president of the global blades-and-razor business, among key Gillette executives to depart since P&G took over. Chip Bergh, who formerly headed P&G's Southeast Asia and India region, now heads the blades business. But several Gillette executives have taken over P&G operations, including the heads of P&G's oral care, personal wash and deodorants, and North American businesses.