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It’s Official: McDonald is New CEO at P&G

Lafley to remain chairman.

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By: TOM BRANNA

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After some major media buzz, Procter & Gamble Company (P&G) has announced its appointment of Robert McDonald as its next chief executive officer (CEO), taking over for A.G. Lafley, according to news reports. Mr. McDonald is a 29-year veteran of the company. He joined the company in 1980 and become chief operating officer (COO) in July 2007. He is credited with trimming costs throughout P&G’s operations. Mr. Lafley will remain chairman at P&G. He has been chairman ...

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