Procter and GambleProcter & Gamble Co., also known as P&G, is an
American multinational consumer goods company headquartered in downtown Cincinnati, Ohio, United States, founded by William Procter and James Gamble,
both from the United Kingdom. Its products include cleaning agents and personal care products. Prior to the sale of Pringles to the Kellogg Company, its product
line also included foods and beverages.
David Taylor became P&G CEO and President effective November 1, 2015.
FOUNDER:William Procter and James Gamble
INFORMATION ABOUT THE FOUNDERS
Candlemaker William Procter and soapmaker James Gamble, both born in
the United Kingdom of Great Britain and Ireland, emigrated from England and
They settled in Cincinnati initially and met when they married sisters, Olivia and
Elizabeth Norris. Alexander Norris, their father-in-law, called a meeting in which
he persuaded his new sons-in-law to become business partners.
On October 31, 1837, as a result of the suggestion, Procter & Gamble was
The company began to build factories in other locations in the United States because the demand for products had outgrown the capacity of the Cincinnati facilities.The company's leaders began to diversify its products, as well, and in 1911, began producing Crisco, a shortening made of vegetable oils rather than animal fats.As radio became more popular in the 1920s and 1930s, the company sponsored a number of radio programs. As a result, these shows often became commonly known as "soap operas".
Alan George "A.G." Lafley (Executive Chairman)Alan George "A.G." Lafley (born June 13, 1947) is an American businessman and
executive chairman of Procter & Gamble, previously serving as chairman, president and CEO.
Lafley graduated from Fenwick High School in Oak Park, Illinois, and earned an A.B. from Hamilton College in 1969.
In 1970, after beginning a doctoral program at the University of Virginia, he took a commission with the U.S. Navy as a supply officer during the Vietnam War.
Afterwards, he studied at Harvard Business School, receiving his M.B.A. in 1977. He joined P&G upon his graduation.
Lafley is credited with making P&G a more consumer-driven and externally focused company—and with shaping a far more diverse, open, curious and courageous, connected and collaborative culture in which "innovation is everyone’s job."
David S. Taylor(President and Chief Executive Officer )David Scott Taylor is an American business executive who is P&G’s President
and Chief Executive Officer
Mr. David S. Taylor is Independent Director at TRW Automotive Holdings Corp.
and President, Chief Executive Officer & Director at Procter & Gamble Co.
He is on the Board of Directors at FreeStore FoodBank, TRW Automotive
Mr. Taylor was previously employed as a Trustee by Cincinnati Scholarship
Foundation, Vice President-Family Care by Procter & Gamble Western Europe,
General Manager by Procter & Gamble Holding, and Vice President-Hair Care &
Anti Counterfeiting by Procter & Gamble.
He also served on the board at GS1 Hong Kong, Regional Development
Commission, and Glad Products Co.
He received his undergraduate degree from Duke University.
Kenneth Irvine Chenault,
(Independent Director, Procter & Gamble Co.)
Mr. Kenneth I. Chenault is Independent Director at Procter & Gamble Co., Chairman & Chief Executive Officer at American Express Co., a Member at World Trade Center Memorial Foundation, Inc., a Member at The Business Council, and Chairman & Chief Executive Officer at American Express Travel Related Services Co., Inc.
He is on the Board of Directors at Procter & Gamble Co., International Business Machines Corp.
The Partnership for New York City, The National Collegiate Athletic Association, New York University School of Medicine Foundation, The Business Roundtable, and NYU Langone Medical Center.
Mr. Chenault was previously employed as Chairman by RiverSource Investments LLC.
Terry J. LundgrenIndependent Director, Procter & Gamble Co
Mr. Terry J. Lundgren is Independent Director at Procter & Gamble Co. and Chairman & Chief Executive Officer at Macy's, Inc. He is on the Board of Directors at The Economic Club of New York, Procter & Gamble Co., Federal Reserve Bank of New York, National Retail Federation and The Partnership for New York City.
Mr. Lundgren was previously employed as Independent Director by Kraft Foods Group, Inc., Independent Director by Kraft Foods, Inc., Chairman & Chief Executive Officer by Federated Merchandising Group, Chairman & Chief Executive Officer by The Neiman Marcus Group, Inc., and Chairman, President & Chief Executive Officer by Federated Retail Holdings, Inc.
He received his undergraduate degree from the University of Arizona.
Jon R. MoellerChief Financial Officer, Procter & Gamble Co.
Mr. Jon R. Moeller is Independent Director at Monsanto Co., Chief Financial Officer at Procter & Gamble Co., Vice President at Cincinnati Art Museum, and a Member at The Conference Board Council of Financial Executives.
He is on the Board of Directors at Monsanto Co., Visiting Nurse Association, MDVIP, Inc., and Commercial Club of Cincinnati.
He received his undergraduate degree from Cornell University and an MBA from Cornell University.
All ExecutivesLinda W. Clement-Holmes
Chief Information Officer, Procter & Gamble Co.
Ms. Linda W. Clement-Holmes is Independent Director at Cincinnati Financial
Corp., Chief Information Officer at Procter & Gamble Co., Secretary & Director at
YWCA of Greater Cincinnati, and Vice President at Jack & Jill of America, Inc.
She is on the Board of Directors at Cincinnati Financial Corp.
She received her undergraduate degree from Purdue University.
Kathleen B. Fish
Chief Technology Officer, Procter & Gamble Co.
Mr. Kathleen B. Fish is Chief Technology Officer at Procter & Gamble Co.
He received his undergraduate degree from Michigan State University.
Marc S. Pritchard, 56
Chief Brand Officer, Procter & Gamble Co.
Mr. Marc S. Pritchard is Chief Brand Officer at Procter & Gamble Co. He is on the
Board of Directors at Association of National Advertisers and World Trade Center
Mr. Pritchard was previously employed as Chairman by Personal Care Products
Council, Chairman by The Advertising Council, Inc., Vice Chairman by Advertising
Hall of Fame.
He received his undergraduate degree from Indiana University.
Company Info Procter & Gamble Co.
•Sector:Personal Care Products/Appliances
•Sales or Revenue65.30 B
•1Y Sales Change-14.39%
•Fiscal Year EndsJune 30
Average Growth Rates Procter & Gamble Co.Past Five Years Ending 06/30/2016 (Fiscal Year)Revenue -4.39%
Net Income +1.66%
Earnings Per Share +0.20%
Capital Spending -3.28%Gross Margin +53.90%Cash Flow +6.01%
Procter and Gamble INDIA
P&G is one of the largest and amongst the fastest growing consumer goods companies in India. Established in 1964, P&G India now serves over 650 million consumers across India. Its presence pans across the Beauty & Grooming segment, the Household Care segment as well as the Health & Well Being segment, with trusted brands that are household names across India. These include Vicks, Ariel, Tide, Olay, Gillette, Ambipur, Pampers, Pantene, Oral-B, Head & Shoulders, Wella and Duracell. Superior product propositions and technological innovations have enabled P&G to achieve market leadership in a majority of categories it is present in. P&G India is committed to sustainable growth in India, and is currently invested in the country via its five plants and over nine contract manufacturing sites, as well as through the 26,000 jobs it creates directly and indirectly.
P&G operates under three entities in India - two listed entities “Procter & Gamble Hygiene and Health Care Limited” and ‘Gillette India Limited’, as well as one 100% subsidiary of the parent company in the U.S. called ‘Procter & Gamble Home Products’.
Al Rajwani (MD & CEO )
Procter & Gamble India (P&G) has appointed Al Rajwani as the new managing director & CEO with the current incumbent Shantanu Khosla deciding to move on from the company with effect from June 30, 2015.
Khosla has been at the helm of P&G India for 13 years.
Rajwani, who is a US citizen of Indian origin, has more than 34 years' experience working for P&G in a variety of product supply, marketing and general management positions in the US, Canada, China, Korea and Arabian Peninsula.
In India, P&G is represented by three legal entities__Procter & Gamble Hygiene and Health Care and Gillette India are listed companies, while P&G Home Products is a wholly owned subsidiary. The combined turnover of the India business is around Rs 10,000 crore (approximately $1.6 billion), with brands such as Pantene, Ariel, Whisper, Vicks, Olay, Tide and Oral B.
Bansidhar Sunderlal Mehta Chairman
Mr. Bansidhar Sunderlal Mehta, also known as Bansi, CA, serves as a Partner of Bansi Mehta & Company.Mr. Mehta specializes in the area of taxation and financial management. He served as
Chief Executive Officer of Dawn Mills Company Ltd. He specializes in the areas/spheres of taxations, financial management, accountancy matters and mergers and acquisitions valuation.He has been the Chairman of Gillette India Limited since February 3, 2014. He served
as the Chairman of Bharat Bijlee Limited since November 29, 1994 to September 11, 2014. He served as the Chairman of Dawn Mills Company Ltd. until March 13, 2006. He has been a Non Executive Independent Director of Gillette India Limited since October 26, 2005.
Board of Directors
- Mr. Al Rajwani Managing Director
- Mr. B. S. Mehta Chairman
- Mr. G. C. Das Independent Director
- Mr. C. R. Dua Independent Director
- Mr. N. P. Sarda Independent Director
- Mr. A. K. Gupta Independent Director
- Mr. Pramod Agarwal Non-Executive Director
- Ms. Sonali Dhawan Non-Executive Director
- Ms. Jessica RastogiCompany Secretary &
- Mr. C.R. Dua Chairman
- Mr. B. S. Mehta Member
- Mr. G C Das Member
- Mr. N. P. Sarda Member
- Mr. A. K. Gupta Member
BENEFITS TO INDIA :
P&G is one of the largest and amongst the fastest growing consumer goods companies in India.
P&G India now serves over 650 million consumers across IndiaFor the financial year ended June 30, 2015, P&G's India business cumulatively grew 12.7 per cent to touch Rs 10,347.7 crore
"The strategic portion of our India business is growing at a high single-digit pace. Sales in the portions we're fixing or exiting have been down 30 per cent. This top-line pain is worth it. Making significant progress in improving local profit margins, up about 700 basis points," said Moeller during the call with investors.
Value Creation is top priority of p&g .putting strategies and capabilities into place to transform P&G into a faster-growing, more profitable and far simpler company will be more beneficial to India.