P&G Said Planning to Promote Four as Contenders to Succeed CEO
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Procter & Gamble Co. plans to promote four executives to new senior roles as part of a reorganization aimed at streamlining the company’s management structure, a person familiar with the matter said.
The four executives may be in line to succeed the newly returned Chief Executive Officer A.G. Lafley, said the person, who requested anonymity because the matter is private. Lafley started his second stint as CEO last week and is trying to turn around the world’s largest consumer-products company.