Procter & Gamble brings back former CEO to fix company


NEW YORK: Procter & Gamble Co on Thursday brought back A.G. Lafley to run the world's largest household products maker, replacing Bob McDonald immediately in the midst of a major restructuring.

Lafley is taking on the roles of chairman, president and chief executive officer, effective immediately, while McDonald is set to retire on June 30 after 33 years at P&G.

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Procter & Gamble , former CEO , Fix company

   

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