McDonald took over as CEO from emerging markets

Global cosmetic giant procter &gamble company will usher in the year in the history of the ceos. Local time, February 2nd p&g officially announced, former chief operating officer, McDonald ( BobMcDonald) Will become the CEO Mr Lafley ( AGLafley) The successor. McDonald will procter & gamble on the month begin work at the beginning of a new quarter. P&g has in its global official yesterday issued CEO turnover in the statement of the home page. By the end of fiscal year to date, procter & gamble % profit growth to $. Sales rose to $%, than Mr Lafley took over as CEO of annual sales more than doubled. In addition, p&g product portfolio CSL $sales brand from a to a. The first a fiscal year is p&g sales growth for the fiscal year in a row, company analysis, brand and innovation, especially in developing countries, the growth market directly. But fiscal third quarter report released at the end of this year, according to p&g obtained. The profit of $( Is the same period last year. Us $) Year-on-year fell nearly %. At the same time, the operating income fell by %. McDonald face huge pressure to stop declining performance, he said he would look to developing countries. For new ShuaiMaiRui, procter & gamble, according to the evaluation of p&g's history the most experienced and most global CEO. He various departments in the company and the various parts of the world have in recent years, the brand construction, market development, global business and global operations leadership experience. McDonald graduated from west point. Joined procter & gamble in years, and in the last century s management p&g business in the Philippines, Japan, and South Korea. Recently, McDonald's in charge of global textile and home care business, which is p&g's largest and most mature a business, McDonald has achieved substantial sales growth during this period, and in his tenure achieved record profits. McDonald for p&g's another contribution is to establish a low-cost model, makes the market share in developing countries to achieve company % of total sales. He said that the region of procter &gamble is a large number of growth opportunities. By expanding in emerging markets such as India, China and Brazil, can in the future years p&g's annual sales more than double to $.