Procter & Gamble Announces Organizational Change
Susan E. Arnold, president - global business units, will retire effective Sept. 1, 2009, after 29 years of service. She will step down as president on March 9, 2009, and will continue to serve in a special assignment, reporting to Chairman of the Board and Chief Executive Officer A.G. Lafley, until September 1. It has long been her intention to step down upon her 55th birthday, which she celebrated on March 8, 2009.
The vice chairs of P&G global business units who have reported to Arnold will report to Lafley, effective immediately, reducing a layer of management as part of the company's ongoing simplification effort.
Most recently, Arnold has played a pivotal role in P&G's focus on sustainability. Under her leadership, P&G adopted company-wide sustainability goals. Sustainability has been integrated into strategies and plans in every business unit. She has championed social sustainability and has sponsored P&G's Children's Safe Drinking Water program, which has delivered more than a billion liters of safe drinking water to people in need around the world. Arnold will continue to serve on the Boards of Directors at The Walt Disney Company, McDonald's, Catalyst and Save the Children.
The vice chairs of P&G global business units who have reported to Arnold will report to Lafley, effective immediately, reducing a layer of management as part of the company's ongoing simplification effort.
Most recently, Arnold has played a pivotal role in P&G's focus on sustainability. Under her leadership, P&G adopted company-wide sustainability goals. Sustainability has been integrated into strategies and plans in every business unit. She has championed social sustainability and has sponsored P&G's Children's Safe Drinking Water program, which has delivered more than a billion liters of safe drinking water to people in need around the world. Arnold will continue to serve on the Boards of Directors at The Walt Disney Company, McDonald's, Catalyst and Save the Children.