P&G MAKES CHANGES TO SENIOR MANAGEMENT

Elevates to Two Top Executives to New Vice Chairman Posts

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CINCINNATI (AdAge.com) -- Procter & Gamble Co. today announced a major rotation of the senior management below Chairman-CEO A.G. Lafley, including elevation to new vice chairman positions of Susan Arnold and Robert McDonald, two executives seen by executives inside and close to the company as candidates to ultimately become CEO.

Existing vice chairmen Kerry Clark, 52, and Bruce Byrnes, 56, also will move to new duties. Mr. Clark, who has headed the global market development and business services organizations that Mr. McDonald will take over, becomes president for global health, baby and family care. Mr. Byrnes moves from overseeing health and beauty care to overseeing household care.

New duties
Ms. Arnold, now president for global personal beauty and feminine care, becomes vice chairwoman for global beauty care, adding hair care to her oversight. Mr. McDonald's duties will include overseeing media planning and buying as well as local and retail marketing initiatives and sales teams.

Messers. Clark and Byrnes will remain on P&G's board and continue to be Mr. Lafley's immediate backups. Mr. McDonald and Ms. Arnold, both 50, won't join P&G's board, indicating to some people familiar with the company that it could be as long as 10 years before either would succeed Mr. Lafley.

Mr. Byrnes, who is the same age as Mr. Lafley, suffered a heart attack in September but returned to work in November. A P&G spokesman said his move from global health and beauty to the equally large household business Mr. McDonald headed was unrelated to that. "Bruce has no health-related restrictions whatsoever," he said.

Other executive changes
P&G said the moves coincide with retirement of five senior executives; several other executives will also get new duties or a bump up to a new "group president" title as part of the rotation. They include:

  • Dimitri Panayotopoulous, 52, currently president for Central and Eastern Europe, Middle East and Africa, who becomes group president for global fabric care

  • Ravi Chaturvedi, 44, now vice president for Greater China health and beauty care, becomes president for Northeast Asia

  • Christopher de Lapuente, 41, now vice president of U.K. and Ireland, becomes president for global hair care

  • Jorge Uribe, 47, currently vice president of customer business development and marketing for Latin America, becomes president for Latin America

  • Werner Geissler, 51, now president for Northeast Asia, becomes group president for Central and Eastern Europe, Middle East and Africa

  • Fillippo Passerini, 46, now global business services officer, becomes chief information and global services officer

  • Paul Polman, 47, president for Western Europe and Robert Steele, 48, president for North America, become group presidents.

In a statement, Mr. Lafley termed the group "one of the most talented senior management groups in the company's history" and that "while some key managers are taking on new responsibilities, our strategies and structure are unchanged and we're maintaining significant continuity of leadership."

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