Procter & Gamble has been around since the late 1700s, but it’s only been in the past couple of decades that the company has started to really take off. It’s currently the largest consumer goods company in the world. In fact, many of the products it sells are used by millions of people every day.
David Taylor is retiring from the helm of Procter & Gamble in June. In his long and storied career, Taylor has managed a number of manufacturing sites, helped build P&G’s core businesses, and led the company during the COVID-19 pandemic.
The first decade of his career was spent in P&G’s product supply organization, where he managed the production of several plants. He also fought an activist investor and revived sales.
A few years later, he was charged with leading P&G’s global beauty and health care sectors. One of his more notable achievements was the use of Indiegogo to launch a new product.
While this may not have been the most efficient way to test new ideas, the results have been worth the effort. For instance, P&G has announced a 5% increase in its quarterly dividend.
Procter & Gamble has been around for 150 years and remains a leading manufacturer of quality consumer goods. The company has also been successful at adapting to changing market conditions. For example, it entered the European tissue market in 1994. It also hopped on the so-called green bandwagon of environmental marketing. In 2001, Procter & Gamble reached a joint venture with Coca-Cola.
As chairman and CEO, Howard Morgens oversaw the introduction of Pampers disposable diapers and Bounce fabric softeners. He was also responsible for Procter & Gamble’s entry into the paper-goods market.
In 1988, Procter & Gamble acquired Noxell Corporation. Noxell made Cover Girl cosmetics and Noxema products.
In 1991, P&G purchased Max Factor and Betrix lines from Revlon, Inc. and also expanded its grocery business.
It manufactures household products such as Crisco, Tide detergent, Cover Girl makeup, and Pringles potato chips. Founded in 1837, the company has more than 250 brands and a market capitalization of nearly $200 billion.
In 2007 P&G woke up to a new CEO. The company announced that it would begin a transition to a new CEO after four years under outgoing head Bob McDonald. On July 1, 2009, McDonald became chairman of the board. He was followed by A.G. Lafley.
Lafley’s leadership took the company from a collection of unfocused brands to a global player. He led the company to make large acquisitions, create a worldwide brand management strategy, and transform the company into an innovation machine.
Jon R. Moeller
The Procter & Gamble Company is a leading manufacturer of consumer products, serving consumers worldwide. Its products include paper, laundry and cleaning, and beauty care products. P&G is known for its trusted brands.
As the CEO of the company, Jon R. Moeller will be responsible for ensuring that the company’s strategy supports long-term growth objectives. He will also oversee sales and manufacturing operations and market operations. Aside from that, he will serve as the Lead Director of the Board of Directors and as the Vice Chairman of the Board.
Moeller has been an executive leader at P&G for more than two decades. He has played an important role in the implementation of several P&G strategic initiatives. These include implementing the company’s superiority, productivity, and organization design strategy. Moreover, he has helped the firm build several core businesses.
If you’re looking for a high octane businessman, John Pepper, CEO of Procter & Gamble, is your man. Among his accomplishments, Pepper has been a longtime supporter of the Every Child Succeeds campaign, a campaign to promote early childhood development. Pepper was a member of the executive committee for the Cincinnati Youth Collaborative. A fellow entrepreneur and business leader, Pepper has also been a vocal advocate for smart public investments.
In addition to his work at P&G, Pepper also serves on the boards of Walt Disney International, Motorola Inc., and Boston Scientific Corporation. He has also served as an honorary co-chair of the National center for the freedom underground railroad. Currently, Pepper is an avid drone pilot and kitesurfer. Along with his wife Frances, Pepper has four children.