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P&G CEO Lafley Could Follow Divested Brands Out The Door

This article was originally published in The Tan Sheet

Executive Summary

A.G. Lafley is expected to remain P&G chairman after stepping down as CEO as soon as this summer, according to recent reports.

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In Brief

P&G’s Wella hair-care unit is on the auction block reportedly, with Henkel, Kao and Unilever among potential buyers. More news in brief.

Slimmed-Down P&G To Consist Of 65 ‘Leading Brands’ By FY 2017

At the CAGNY conference Feb. 19, P&G leadership provided new insight into the company’s streamlining program, specifically where the firm will end up after selling off 100 underperforming brands in deals expected to be closed by June 30, 2016. CFO Jon Moeller listed Gillette, Pantene, Head & Shoulders and Olay among core brands that will emerge from the simplification, highlighting recent innovations and marketing initiatives that are resonating with its core audience and driving growth.

Endocrine Disruptors, The European Green Deal And The Politicization Of EU Chemical Programs

John Chave, director-general at Cosmetics Europe, says the European Commission’s plan for targeted assessment of 28 potential endocrine-disruptors in cosmetics – despite its conclusion in late 2018 that the current cosmetics regulatory framework adequately addresses endocrine-disruptor concerns – is symptomatic of a broad trend taking hold in Europe.


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