Procter & Gamble (PG) Announces Retirement of Global Marketing Manager; Marc S. Pritchard Names as Replacement

July 15, 2008 1:37 PM EDT

The Procter & Gamble Company (NYSE: PG) announced that James R. Stengel (53), global marketing officer, will retire effective October 31, 2008, after 25 years of service. Until that time, effective August 1, 2008, Mr. Stengel will work on special projects and the transition, continuing to report to Robert A. McDonald, chief operating officer.

Marc S. Pritchard (48), currently president - strategy, productivity and growth, has been elected global marketing officer, effective August 1, 2008, reporting to Robert A. McDonald.

The Procter & Gamble Company (P&G) is focused on providing branded consumer goods products. [SM]


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