McDonald Succeeds Lafley at P&G

Procter & Gamble Co. last week said A.G. Lafley, chairman and chief executive officer, will retire as CEO effective July 1. He will remain chairman of the board. Succeeding him as CEO will be Robert A. McDonald, a 29-year veteran of the company who is currently chief operating officer. He will also serve as president of the company and has been named to P&G's

MCDONALD SUCCEEDS LAFLEY AT P&G

Robert McDonald

Robert McDonald

A.G. Lafley

A.G. Lafley

CINCINNATI — Procter & Gamble Co. last week said

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