P&G highlights growth, innovation at annual meeting

CINCINNATI — Speaking at Procter & Gamble's annual meeting, chairman, president and CEO, Bob McDonald ensured investors that the company is executing on its growth and productivity plan to enhance performance and drive shareholder value.



According to a press release describing the meeting, McDonald highlighted P&G’s consistent growth and long-term shareholder returns over the years. He cited the strength of P&G’s proven business model of discovering meaningful consumer insights, translating those insights into products with superior benefits and value and supporting those products with strong marketing programs and broad distribution. He underlined the sharp focus against the company’s 40 largest businesses, 20 top innovations and 10 most important developing markets as well as its $10-billion productivity program as key drivers to future growth.



McDonald commented: “Our plan, as you can see, is decisive, simple and focused. Grow our core and win with innovation fueled by productivity. It’s a plan that has the support of our Board of Directors, the commitment of our leadership team and the full engagement of Procter & Gamble people all over the world.”



He also pointed to several product innovations in the market now including Tide PODS, Downy UnStopables, ZzzQuil, Pampers Baby Dry, Charmin DuraClean, Bounty Trap & Lock, Crest Pro-Health for Life, Olay Regenerist, and a full portfolio of superior new products on Pantene and Head & Shoulders.”