Procter & Gamble Co. re-instated former president and CEO A.G. Lafley to the firm’s helm, replacing Bob McDonald, with an eye on staying the current strategic course despite pressure from investors for changes to help spur growth.
Some analysts speculate that in addition to Lafley’s return announced May 23, other organizational changes could follow for the marketer of Crest toothpastes, Vicks cough and cold medicines