Patrice Louvet, group president, P&G Beauty
, will leave P&G to become the president and CEO of the Ralph Lauren Company
. According to sources at P&G, “This is very exciting for him, but we will miss him deeply. He has been a wonderful leader during his 28 years with P&G.”
P&G is working to identify a successor. Until then, Louvet will remain fully engaged until June 30.