ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On February 9, 2021, the Board of Directors of The Procter & Gamble Company (the
"Company") appointed B. Marc Allen, chief strategy officer and senior vice
president of Strategy and Corporate Development at The Boeing Company, as a
Director of the Company, effective February 10, 2021. Mr. Allen will serve on
the Audit and Innovation & Technology Committees.
The Board has determined that Mr. Allen is independent under the NYSE listing
standards and the Company's Independence Guidelines. Mr. Allen will receive the
same compensation as the other non-employee members of the Board of Directors.
The Company's Director compensation program is described in the Company's
definitive proxy statement dated August 28, 2020.
The Company is filing the information under this item pursuant to Item 5.02(d),
"Election of Directors."
ITEM 7.01 REGULATION FD DISCLOSURE
The Company issued a news release on February 10, 2021, announcing the
appointment of Mr. Allen. A copy of this news release is furnished as Exhibit
99.1.
The Company is furnishing the information under this item, including Exhibit
99.1, pursuant to Item 7.01, "Regulation FD Disclosure."
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
Exhibit Number Description
99.1 Director Appointment Press Release by The Procter & Gamble Company
dated February 10, 2021
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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