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AG Lafley Goes from Main Street to Wall Street

Former P&G chairman joins private equity firm.

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By: TOM BRANNA

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There’s life after Tide after all. AG Lafley, the former chairman, president and CEO of Procter & Gamble will serve as a “special partner” at Clayton, Dubilier & Rice, a private equity firm. According to sources, Lafley will advise the firm on management issues ranging from product innovation to global expansion. “This has to signal more M&A activity about to come down the pike in CPG, not least in the beauty space,” observed Colin Hession, managin...

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