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P&G Leaves Divesting Out Of Value-Building Tool Box – CFO

 
• By Eileen Francis

P&G CFO Jon Moeller says splitting up or spinning off business units is a relevant question, but is a short-term approach while the firm is focused on long-term value building through innovation. During an investor conference, he also discusses plans to boost promotional spending.

Procter & Gamble Co. considers its brand portfolio streamlining “pretty dramatic” but it is not sold on investors’ suggestions to take even bigger steps, divesting business units.

“I think that it continues to be a relevant and a good question,” said Chief Financial Officer Jon Moeller at the Morgan Stanley Global Consumer and Retail conference in New...

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