US consumer goods giant Procter and Gamble yesterday (14 May) revealed plans to realign its businesses into three divisions, shuffling key roles in its upper management.
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The maker of Pringles will have three operating divisions after the move: beauty care, household care and global health and wellbeing. The company’s snack food business – including the Pringles brand – will fall under the health and wellbeing umbrella.
All units will report to Susan E. Arnold, who has been promoted from vice chair of P&G’s beauty and health division to president of global business units. Arnold will also take responsibility for beauty care.
Robert A. McDonald has also been promoted to the newly created position of chief operating officer from his position as vice chair of global operations.
“We are making these moves to realign our business units and top leadership structure to meet the changing needs of our larger, more diverse, faster-paced global business,” said A.G. Lafley, chairman, president and chief executive.
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By GlobalData
