McDonald Succeeds Lafley at P&G
Procter & Gamble Co. last week said A.G. Lafley, chairman and chief executive officer, will retire as CEO effective July 1. He will remain chairman of the board. Succeeding him as CEO will be Robert A. McDonald, a 29-year veteran of the company who is currently chief operating officer. He will also serve as president of the company and has been named to P&G's
June 15, 2009
MCDONALD SUCCEEDS LAFLEY AT P&G
CINCINNATI — Procter & Gamble Co. last week said A.G. Lafley, chairman and chief executive officer, will retire as CEO effective July 1. He will remain chairman of the board. Succeeding him as CEO will be Robert A. McDonald, a 29-year veteran of the company who is currently chief operating officer. He will also serve as president of the company and has been named to P&G's board. Lafley, 61, has been CEO since 2000 and has earned a reputation as one of the top business leaders in the world, more than doubling the company's sales volume during his tenure. He has appeared on SN's Power 50 list of the most influence people in the food industry since the list's inception in 2003. McDonald, 55, joined P&G in 1980 and was named vice chairman-global operations in 2004 and COO in 2007.
AG NEW ENGLAND RETAINS TUTU
MANCHESTER, N.H. — Associated Grocers of New England here said it has named Raymond Tutu vice president of non-member business development following the acquisition by Associated of Tutu's former company, Manchester Wholesale Distributors, a convenience store wholesaler based here. Tutu had been CEO of the company, which was founded by his grandfather, since 2005. In addition, former MWD employees David Haley and Ronald Roberts have joined Associated as retail sales counselors, and Christine Letares was named administrator of non-member business development.
FAGER TO CHAIR CGA FOUNDATION
SACRAMENTO, Calif. — The California Grocers Association Educational Foundation has named Ray Fager, a regional vice president for Crossmark Sales Agency, chairman of the CGA Educational Foundation Board of Trustees. He succeeds Bob Ling of Unified Grocers, who currently serves as CGA chairman. Ling served as foundation chair for four years. Also elected foundation officers were Pam Poggi of Safeway as vice-chair and Chris Clark of Raley's as secretary/treasurer.
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