Word: procters
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...years ago, Alan G. “A.G.” Lafley, a long-time Procter and Gamble Co. executive, received a surprise phone call asking him to take the helm of the company...
...time, Procter and Gamble’s stock was plummeting. Between 1990 and 2000, the company had failed to double its sales—a goal that it had met every previous decade since...
...2002—Lafley’s second year on the job—Procter and Gamble’s stock had nearly doubled, rising from $57 per share to about $90 per share...
...ousted CEO Bernd Pischetsrieder in a boardroom coup. In Hamburg, the fate of Beiersdorf (Nivea skin cream) has been uncertain for months because of quarrels in the Herz family, which owns a 30% stake. The biggest shareholder, German insurer Allianz, is looking to sell its 44% stake, perhaps to Procter & Gamble. But the five Herz heirs to their father's coffee fortune can't agree on whether to increase their stake in Beiersdorf or to sell...
...house and finding pleasure in bringing order and perfection to even the most boring and neglected nooks--like the laundry room. And why not? After all, Americans produce a quarter ton of dirty laundry per person every year and collectively do 35 billion loads of laundry, according to Procter & Gamble, the leading purveyor of detergents. Every second 1,100 loads are started in households across the country, with U.S. women--yes, still mostly women--devoting seven to nine hours each week to keeping the family clothes clean. Now many are finding a way to make the time enjoyable and more...