P&G Posts Management Changes

The Procter & Gamble Company announced today the following management changes effective immediately:

R. Kerry Clark (53), vice chair of the board, family health, has retired after 32 years. Cardinal Health has announced that Mr. Clark has been named chief executive officer.

Bruce L. Byrnes (58), vice chair of the board, household care, will assume responsibility (in addition to his current responsibilities) for the baby care, family care and pet health & nutrition businesses that previously reported to Mr. Clark.

Susan E. Arnold (52), vice chair, beauty, in addition to her current responsibilities, will assume responsibility for the oral care, personal health and pharmaceutical businesses that previously reported to Mr. Clark. She has been named vice chair, beauty & health.

“Kerry has made tremendous contributions to P&G during his 32 years of service,” said A. G. Lafley, P&G chief executive. “Over his P&G career, Kerry helped lead virtually every P&G business category and was the architect of P&G’s developing markets growth strategy. Kerry leaves an outstanding legacy. We will take this opportunity to realign our beauty and health businesses under Susan Arnold’s leadership and combine all of our household and family businesses under Bruce Byrnes. I have enormous confidence in the leadership of our vice chairs and other business leaders.”

In related moves, P&G’s board announced the following appointments:

Robert A. Steele (50), group president, North America market development organization, has been named group president household care, reporting to Mr. Byrnes, and will have overall responsibility for P&G’s coffee, snacks, family care and pet health and nutrition businesses.

Edward D. Shirley (49), president-commercial operations, international-Gillette, has been named group president-North America, market development organization, succeeding Mr. Steele.