David S. Taylor To President, CEO Of The Procter & Gamble Company

The Procter & Gamble Company announced that David S. Taylor, Group President of Global Beauty, Grooming and Health Care, will succeed A.G. Lafley as Procter & Gamble’s President and Chief Executive Officer. Taylor has been appointed to the Company’s Board of Directors. Lafley will become Procter & Gamble’s Executive Chairman. Taylor joined P&G in 1980.