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Bob McDonald Greets P&G Shareholders

New CEO faces stockholders at annual meeting.

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By: TOM BRANNA

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The Procter & Gamble Co.’s new CEO will give shareholders a look at plans for growth at the consumer products company’s annual meeting. P&G veteran Bob McDonald moved up from chief operating officer on July 1 with sales down as households cut spending in the recession. But P&G officials said recently they expect sales to start coming back this fall as they offer new products, reduced prices and...

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