Alan George "A.G." Lafley serves as the CEO, President, and the Chairman of the Board of Procter & Gamble, having risen to the post in June 2000, transferring within the company from a position as President of Global Beauty Care and North America for P&G. He’s been with the company since 1977, and since taking charge has been largely credited with revitalizing the stumbling company. It was a case of too broad a focus when Lafley came to the CEO seat. P&G had too many products under production and had experienced far too many organizational changes resulting in a general air of confusion. Lafley immediately changed the focus of the company, returning to its core businesses, and cutting product numbers until what remained was 23 billion-dollar brands, including Tide, Crest, Pampers, Pantene, and Olay among others. Along with the return of attention to P&Gs most successful products, Lafley has focused on innovation, pushing the company towards areas which offer the highest margins. The results have been much in his favor, with profits at the company tripling during his watch. In addition he’s set his sights on adding to the company through acquisitions, grabbing up Gillette for $54 billion in 2005, the largest such move in the company’s history. He was chosen as “CEO of the Year” in 2006 by Chief Executive Magazine, and an average company growth of 6% yearly has made P&G stock very attractive to the market. He’s also put his thoughts on management into book form entitled “The Game Changer” written with co-author Ram Charan. A must read for anyone interested in what makes a modern American CEO.
Alan George "A.G." Lafley serves as the CEO, President, and the Chairman of the Board of Procter & Gamble, having risen to the post in June 2000, transferring within the company from a position as President of Global Beauty Care and North America for P&G. He’s been with the company since 1977, and since taking charge has been largely credited with revitalizing the stumbling company. It was a case of too broad a focus when Lafley came to the CEO seat. P&G had too many products under production and had experienced far too many organizational changes resulting in a general air of confusion. Lafley immediately changed the focus of the company, returning to its core businesses, and cutting product numbers until what remained was 23 billion-dollar brands, including Tide, Crest, Pampers, Pantene, and Olay among others. Along with the return of attention to P&Gs most successful products, Lafley has focused on innovation, pushing the company towards areas which offer the highest margins. The results have been much in his favor, with profits at the company tripling during his watch. In addition he’s set his sights on adding to the company through acquisitions, grabbing up Gillette for $54 billion in 2005, the largest such move in the company’s history. He was chosen as “CEO of the Year” in 2006 by Chief Executive Magazine, and an average company growth of 6% yearly has made P&G stock very attractive to the market. He’s also put his thoughts on management into book form entitled “The Game Changer” written with co-author Ram Charan. A must read for anyone interested in what makes a modern American CEO.