Account

Consumer products giant Procter & Gamble (NYSE:PG) plans to elevate four senior executives to each lead a new brand sector, according to The Wall Street Journal .The move would publicly identify potential candidates to eventually succeed Chief Executive A.G. Lafley, who came out of retirement last week to replace his successor, Robert McDonald. The report cited sources as saying Lafley isn't expected to stay for more than two or three years, and one of his top priorities is to develop a team of possible successors.P&G is working on a reorganization of its brands that will lead to the creation of four groups each headed by a president, the Journal said. Those four individuals will report directly to Lafley.P&G declined to comment.According to the report, candidates for those four spots are currently two levels below the CEO. The Journal named as candidates Melanie Healey, group president of North America; David Taylor, group president of global home care; Martin Riant, group president o...
U.S. stocks traded in the red but at the session's best levels on Friday afternoon following another volatile session for Asian markets.Friday's upbeat durable-goods...
U.S. stocks traded in the red but near the session's best levels on Friday afternoon following another volatile session for Asian markets.Friday's upbeat durable-goo...
Procter & Gamble replaces CEO
U.S. stocks traded firmly in the red Friday after another volatile session for Asian markets, with upbeat durable-goods data failing to overcome negative sentiment. ...
U.S. stocks lost ground Friday after another volatile session for Asian markets, with upbeat durable-goods data failing to overcome negative sentiment.The Dow Jones ...
FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
U.S. stocks opened lower Friday after another volatile session for Asian markets, with upbeat durable-goods data failing to overcome negative sentiment.The Dow Jones...
Procter & Gamble Co. (PG) sought to reassure investors that replacing Chief Executive Bob McDonald with his predecessor A.G. Lafley was not a sign of larger problems...
Procter & Gamble Co said on Friday the surprise return of A.G. Lafley as chairman and chief executive was not an indication of any bigger problems at the world's lar...
Shares of Procter & Gamble Co. climbed 3.4% in premarket trading Friday after the company announced the appointment of President and CEO Alan George Lafley. Lafley p...
New Procter & Gamble Co.'s (PG) Chief Executive A.G. Lafley will receive a base salary of $2 million, more than outgoing CEO Bob McDonald, who was replaced in a surp...
FOX Business: Capitalism Lives HereU.S. stock-index futures trimmed losses Friday on a much stronger-than-expected report on durable goods orders, however, worries r...
The sudden exit of Procter & Gamble Co's Bob McDonald as chief executive and the return of former CEO A.G. Lafley in his place has raised questions about the vigilan...
Weinberg Center for Corporate Governance Director Charles Elson on whether Procter & Gamble’s CEO shuffle was a good decision.
FOX Business: Capitalism Lives HereThe S&P 500 slid more than 1% this week in its first weekly loss in five amid worries about when the Fed will begin tapering its v...
U.S. stocks fell for the first week in five as the prospects of the Federal Reserve starting to reduce its bond-buying stimulus rattled a market trading at historic ...
FBN’s Liz MacDonald on Procter & Gamble bringing back former CEO A.G. Lafley to lead the company.
Procter & Gamble Co. (PG) suddenly looks like it did in 2009 -- without slapping on any Olay beauty cream. Late Thursday, the world's largest consumer product maker ...
Blue-chip stocks flirted with gains late in Friday's session, led by a rally in Procter & Gamble Co. shares. Broader indexes traded off their lows, as investors avoi...
