P&G reorganizes business units
CINCINNATI — Procter & Gamble has grouped its global business units into four industry-based sectors and placed Martin Riant, Deborah A. Henretta, David S. Taylor and Giovanni Ciserani as global heads of each to support the company’s current growth strategies.
“This sector organization and leadership team will help us operate more effectively and efficiently to continue momentum behind P&G’s growth strategies,” said chairman, president and CEO A.G. Lafley. “These changes build on the productivity and organization design work led by Bob McDonald, and will help us get closer to consumers and become more agile with customers.”
The businesses in each sector are focused on common consumer benefits, share common technologies and face common competitors. Each sector will be led by a group president.
Martin Riant has been named group president of global baby, feminine and family care. He will lead the sector in addition to his current responsibilities.
Deborah A. Henretta has been named group president of global beauty. This sector includes the global categories of beauty care, retail hair care and color, salon professional and prestige. Henretta will lead the sector in addition to her current responsibilities.
David S. Taylor, currently group president of global home care, has been elected group president of global health and grooming. This sector includes the global categories of shave care, Braun, oral care, health care and pet care. In addition to leading the sector, Taylor will assume additional responsibility for the pet care business, succeeding Jorge S. Mesquita, who is leaving the company to pursue outside interests. Charles E. Pierce, currently group president of global oral care, will also assume additional responsibilities for new business creation and innovation currently held by Mesquita. Pierce will report to Taylor for oral care and to Lafley for new business creation and innovation.
Giovanni Ciserani has been elected group president of global fabric and home care. This sector includes the global categories of fabric care, home care and power. Ciserani will lead the sector in addition to his current responsibilities. George Tsourapas, currently VP of fabric and home care for Central and Eastern Europe, Middle East and Africa, has been elected president of global home care and P&G professional, succeeding David Taylor. Tsourapas will report to Ciserani.
The four global presidents will report directly to Lafley. Presidents for each of the global business units included in each sector will now report to the respective sector group president. These changes are effective July 1.
“We expect this structure to facilitate faster global expansion of brand and product innovations to win with consumers,” Lafley added. “Sectors will also drive technical, commercial, financial and organizational synergies to improve results.”
Concurrent with these changes, P&G has elected Dimitri Panayotopoulos — currently vice chairman of global business units — as vice chairman and adviser to the chairman and CEO, likewise effective July 1. Panayotopoulos will continue to report to Lafley.
Melanie L. Healey, group president of North America and global hyper, super and mass channel, will also report to Lafley in addition to Werner Geissler, vice chairman of global operations, beginning July 1. This change reflects the size and impact of the North America market to P&G’s business. Geissler will continue reporting to Lafley as vice chairman of global operations, with particular focus on Western Europe and developing markets.
“This will strengthen our focus on go-to-market excellence in our core developed and developing markets,” Mr. Lafley said. “Taken together, these organization changes will help us operate better and faster as one unified team to win.”