Procter & Gamble Company (P&G) has promoted senior executives to run the newly formed four divisions, as the new CEO A.G. Lafley plans to streamline the business to fuel growth.
The industry-based groups comprise global baby, feminine and family care; global beauty; global health and grooming; and global fabric and home care, and each of these sectors, effective from 1 June, is headed by a group president who reports to Lafley.
Martin Riant , currently the group president of global baby care, heads global baby, feminine and family care sector as group president.
Deborah A. Henretta, currently the group president of global beauty care, has been promoted as group president of global beauty sector, which includes beauty care, retail hair care and color, salon professional, and other premium products.
David S Taylor, who is presently the group president of global home care, has been promoted as group president of global health and grooming sector.
Apart from leading the new business unit, Taylor will also oversee the pet care business as Jorge S. Mesquita is leaving the company to pursue outside interests.
Charles E. Pierce, currently group president of global oral care, has also assumed additional responsibilities for new business creation and innovation, which is presently held by Mesquita. Pierce reports to Taylor for oral care and to Lafley for new business creation and innovation.
Giovanni Ciserani, the group president of global fabric care, heads the global fabric and home care sector as group president.
Furthermore, George Tsourapas, currently vice president of fabric and home care for Central and Eastern Europe, Middle East and Africa, has been appointed as president of global home care and P&G Professional. Tsourapas, who now reports to Ciserani, succeeds David Taylor.
Lafley said: “These changes build on the productivity and organization design work led by Bob McDonald, and will help us get closer to consumers and become more agile with customers.”
“This sector organization and leadership team will help us operate more effectively and efficiently to continue momentum behind P&G’s growth strategies,” added Lafley.