P&G Expected to Name New CEO

Jun 9th, 2009
Jeff Falk

According to a report in The Wall Street Journal, P&G is preparing to replace standing CEO A.G. Lafley with Robert McDonald, effective July 1, 2009. Lafley is expected to remain chairman and maintain a hands-on role in managing the company. The official announcement is expected to be forthcoming, following a vote by the board of directors.

More in News
BeautyCares DreamBall Celebrating 35 Years of Look Good Feel Better
Look Good Feel Better's BeautyCares DreamBall: a Night of Hope and Celebration
The DreamBall will take place on October 10th, 2024, at Gotham Hall in New York City. This invitation-only event brings together the beauty, fashion, and media industries.
Oct 7th, 2024
Ulta’s 2024 Muse Accelerator Program
Ulta’s Muse Accelerator Program 2024 Cohorts
The Muse Acclerator program is designed to support and mentor emerging beauty brands that are focused on being inclusive and serving diverse communities.
Oct 7th, 2024
LA-city-shot
SCC Announces Award Recipients to be Honored at Annual Meeting
Irwin Palefsky, Paul Lawrence, Ph.D., Krupa Koestline, Cathy Anglin, R. Randall Wickett, Ph.D. and Tyler Jensen will be awarded for their service, dedication, innovation and more at the SCC Annual Meeting, to be held Dec. 11-13, 2024, in L.A.
Oct 3rd, 2024
Echioseb™, adaptogen sebum controller [free sample request]
Sponsored
Echioseb™, adaptogen sebum controller [free sample request]
Harnessing botanical adaptogenic power for an oily scalp harmony.
Oct 3rd, 2024
“We’re thrilled to welcome Dave, whose expertise and passion will undoubtedly support L’Oréal’s continued digital transformation,” says Han Wen, chief digital and marketing officer for L’Oréal USA.
L’Oréal USA Appoints Dave Kersey SVP of Media to Support Digital Transformation
L’Oréal recently noted, "We are now entering a second phase of the digital revolution, one that offers new ways of building a special relationship with our consumers and developing new products and services."
Sep 30th, 2024
Dr. Squatch's Squatch Scrubber exfoliating grooming tool that pairs with the new Natural Body Wash. On its own, the scrubber is available for $19, or with the purchase of an 8 oz four-pack ($40) or 14 oz two-pack ($30) for $9.50.
Sydney Sweeney is Dr. Squatch's Body Wash Genie in Campaign Upending the Men's Body Wash Category
While the brand is focused on natural materials, the reality is that more than half of men have no clue what ingredients are in their current body wash.
Sep 27th, 2024
'Over the years, Euroitalia has proved to be an excellent partner with whom we have built a very successful path, launching iconic products that have become benchmarks in the fragrance market,' says Massimo Ferretti, president of Aeffe Group.
Euroitalia Acquires Beauty & Fragrance License for Moschino from Aeffe
Upon completion of the deal, Euroitalia has already paid an initial 39.6 million euros. The remaining portion will be paid on November 29, 2024.
Sep 27th, 2024
LA-based natural skin and body care brand Oak Essentials, founded by apparel and home specialist Jenni Kayne, has secured first-round dual funding following its third anniversary.
Seen Hair Care Nabs $9M Funding, Oak Essentials Gains Dual Funding: Beauty Investment Roundup
Oak Essentials' latest range, Soon, will reportedly be housed in these same environmentally conscious containers.
Sep 25th, 2024
Trifolium pratense growing in Biomecell
Orius Inaugurates Pilot Facility, Prepares to Industrialize Precision-farmed Botanicals
The launch of this pilot marks the beginning of Orius' industrialization, with plans for the construction of a larger-scale plant to produce botanical raw materials and ingredients.
Sep 20th, 2024
blue sky welcome to NJ highway sign
Sharon Personal Care Establishes NJ Facility Securing U.S. Cosmetic Ingredient Supply
Sharon’s most popular ingredients, which are currently shipped to North America from facilities in Italy and Israel, will be stored at the new warehouse.
Sep 20th, 2024
Emerging AI technologies will allow small brands to operate leaner teams than in previous indie beauty eras; at the same time, the rapid gathering of customer insights can help brands quickly migrate from direct-to-consumer to wholesale/physical retail.
Beauty's Innovation Slowdown is Poised to Drastically Reverse
"Personal care brands embracing innovation ... are 2.5 times more likely to see overall sales growth compared to those with stagnant or declining innovation sales," claims a recent NIQ report.
Sep 16th, 2024