P&G's David Taylor to retire, CEO Jon Moeller adds role as board chair
Former Procter & Gamble CEO David Taylor is retiring with his successor, Jon Moeller, assuming the role as chairman of the board, effective July 1.
Source: cincinnati.com
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Procter & Gamble to raise prices on paper products
CINCINNATI – Procter & Gamble said Tuesday it will boost prices on paper products later this year by 5 to 9% to combat rising commodity costs. The company disclosed its sales results benefited from previous increases as well as consumers trading up to premium products. "(We) started the process of implementing price increases on (the company's) Baby Care, Feminine Care and Adult Incontinence product categories in the United States... the exact amount of the price increase will vary by brand and sub-brand in the range of mid-to-high single digit percentages and will go into effect in mid-S...
Source: azcentral.com