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Panayotopoulos will manage beauty, grooming and household care businesses.
May 4, 2011
By: TOM BRANNA
Editor
Edward D. Shirley, vice chairman – beauty and grooming, will retire from Procter & Gamble (P&G), effective Jan. 1, 2012, after 33 years service.Until that time, effective July 1, 2011, Shirley has been named vice chairman on special assignment, continuing to report to Robert A. McDonald, chairman of the board, president and chief executive officer.He will be focused on ensuring the seamless transition of the beauty and grooming business, according to the company. Shirley’s career began with The Gillette Company where he held positions of growing importance culminating in being appointed President of International Commercial Operations prior to the acquisition of the Gillette business by P&G in 2005.He was appointed group president of P&G’s North American business following the acquisition and promoted to the role of vice chairman, beauty and grooming in 2008. Dimitri Panayotopoulos, vice chairman–global household care, has been appointed vice chairman–global business units, assuming responsibility for both the beauty and grooming and household care businesses. Panayotopoulos will continue to report to McDonald. As part of this management change, P&G will move its two Global Business Units (GBUs) – beauty & grooming and household care – under the leadership of Panayotopoulos.
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