(Reuters) - Procter & Gamble Co on Wednesday announced that three long-time executives, including an adviser to Chief Executive A.G. Lafley and P&G's chief technology officer, were leaving in changes the consumer products company said showcase how much talent it has waiting in the wings.
The departures include that of Dimitri Panayotopoulos, an adviser to Lafley, who in a 36-year career at P&G held management jobs overseas. He is stepping down on January 2.
CTO Bruce Brown will leave on February 1 and will be replaced by Kathleen Fish, who currently oversees research and development in P&G's fabric business.
"These changes demonstrate the depth and strength of P&G's leadership bench," said Lafley, a former CEO who returned to the helm in May to replace Bob McDonald.
Robert Fregolle, global customer business development officer, will leave in June and be replaced by Carolyn Tastad, currently a vice president.
(Reporting by Phil Wahba in New York; Editing by Maureen Bavdek)
Procter & Gamble Company is one of the world's leaders in producing and selling consumer products. Net sales break down by family of products as follows:
- care and hygiene products (38.3%): oral hygiene products (toothpastes, toothbrushes, mouthwashes, etc.; Crest, Oral-B, Scope brands, etc.), pharmaceutical products (Metamucil, Neurobion, Pepto Bismol, Vicks, etc.), toilet training pants (Luvs, Pampers), toilet papers and paper towels (Bounty, Charmin, Puffs), feminine protection products (Always, Always Discreet and Tampax), etc.;
- home care and laundry products (34.6%): dishwashing liquids, detergents, stain removers, fabric softeners, deodorizers, bleaches, etc. (Ariel, Downy, Gain, Tide Cascade, Dawn, Fairy, Febreze, Mr. Clean, Swiffer, etc.);
- beauty products (18.3%): hair care products (shampoos, colorings, and cream rinses; Head & Shoulders, Herbal Essences, Pantene and Rejoice brands), body care (soaps, shower gels, deodorants, etc.; Camay, Zest, Secret, Old Spice) and cosmetics (make-up and facial care; Max Facto, Covergirl and Olay);
- shaving products (7.8%): blades, razors, batteries, etc. (Braun, Gillette and Venus brands);
- other (1%).