Breaking News

P&G Appoints New Management

May 17, 2006

Procter & Gamble, Cincinnati, OH, has initiated several recent management changes. In the first, R. Kerry Clark, vice chair of the board—P&G Family Heath, will retire after 32 years of service. Mr. Clark has been named chief executive officer of Cardinal Health effective immediately. In another change, Bruce Byrnes, vice chair of the board-P&G Household Care, in addition to his current responsibilities, will assume responsibility for the baby care, family care and pet health and nutrition businesses that previously reported to Mr. Clark. Susan Arnold, vice chair—P&G Beauty, in addition to her current responsibilities, will assume responsibility for the oral care, personal health and pharmaceutical businesses that previously reported to Mr. Clark. She has been named vice chair-P&G Beauty & Health.

In related moves, P&G’s board announced the following appointments: Robert Steele, group president—North America market development organization, has been named group president household care, reporting to Mr. Byrnes, and will have overall responsibility for P&G’s coffee, snacks, family care and pet health and nutrition businesses. Edward Shirley, president—commercial operations, international—Gillette, has been named group president—North America market development organization, succeeding Mr. Steele.

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