P&G Realigns Units
Publish Date:
February 3, 2011
Procter & Gamble Co. announced a major reorganization Tuesday, consolidating its three global business divisions into two: beauty and grooming, and household care. The move comes as Robert Steele, vice chairman of P&G's $14.6 billion global health and well-being unit, plans to retire Sept. 1. Effective Tuesday, Steele will become vice chairman of P&G's health-care strategy. As part of the management move, P&G will split its global health and well-being portfolio between its two new global business units.
READ MORE
