The ink hasn't dried on CEO AG Lafley's new contract with Procter & Gamble, but company brass is already searching for his successor. To help find him or her, P&G is making changes in its organizational structure, according to The Wall Street Journal.
P&G will segment its products and brands iinto four sectors, each led by a president reporting to Lafley. Each president, then would have an inside track to succeed Lafley, although P&G said his successor could be found elsewhere too.
The new framework hasn't been announced, nor have the new presidents. But The Journal said the current two vice chairmen, Werner Geissler and Dimitri Panayotopoulos, are not seen as likely to become CEO and are not in the running to head the new sectors. Potential presidential candidates include: Melanie Healey, group president of North America; David Taylor, group president of global home care; Martin Riant, group president of global baby care; Giovanni Ciserani, group president of global fabric care; and Deborah Henretta, group president of global beauty care, the paper said.
Lafley replaced Bob McDonald last week.