Robert McDonald to replace Lafley as chief executive at P&G
Like Lafley, McDonald also has a military background. He is a graduate of the US military academy West Point and is a P&G veteran with 29 years' service at the consumer goods giant.
McDonald was appointed to his present position two years ago and was
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P&G Chooses a New CEO
By Ellen Byron Procter & Gamble Co. is replacing longtime Chief Executive A.G. Lafley with a former Army Ranger and 29-year company veteran, just as the tough economy and new rivals are forcing it to revamp the way it has done business for decades.On