McDonald Tells Shareholders: Plan is 'Decisive, Simple and Focused'
Procter & Gamble (NYSE:PG) is executing on its growth and productivity plan to enhance performance and drive shareholder value, Chairman, President and Chief Executive Officer, Bob McDonald, told the Company’s shareholders at its annual meeting today. He highlighted P&G’s consistent growth and superior long-term shareholder returns over the years, citing the strength of P&G’s proven business model of discovering meaningful consumer insights, translating those insights into products with superior benefits and value and supporting those products with strong marketing programs and broad distribution. He also underlined the sharp focus against our 40 largest businesses, 20 top innovations and 10 most important developing markets as well as our $10-billion productivity program as key drivers to future growth.
He noted for shareholders that “Our plan, as you can see, is decisive, simple and focused. Grow our core and win with innovation fueled by productivity. It’s a plan that has the support of our Board, the commitment of our leadership team and the full engagement of our people.”