Word: lafley
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Dates: during 2000-2009
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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...
...turnaround Lafley engineered at Procter and Gamble won him a national reputation, something the modest and somewhat non-descript 56-year-old says came as somewhat of a shock...
...wanted someone who would be able to speak to managing a difficult situation and coming out on top and Lafley fits that model exactly. He does have that experience,” says Russell. “He was at the top of our list because he managed and engineered an amazingly impressive turnaround at Procter and Gamble...
...When Lafley took over, Procter and Gamble was in desperate need of new leadership...
...Lafley, instead of focusing on researching new products, set out to build the company around its proven brands, such as Tide, Pamper, Crest and Bounty paper towels...