Boston, MA 08/25/2014 (wallstreetpr) – Consumer packaged goods company, The Procter & Gamble Company (NYSE:PG), has been on a transition ever since current CEO, Allan G. Lafley, returned from retirement mandated with the responsibility of restoring the company’s growth metrics that was apparently stagnating according to USA Today.
Since his return, Lafley has made management changes that have seen the emergence of five executives seen as his probable successor. The fact that the company has never chosen anyone to the top position from the outside means that whoever succeeds Lafley will be selected based on experience and proven career.
Lafley has done his best in turning around the fortunes of the company seen by impressive quarterly earnings that beat estimates amidst poor economic conditions. The growth of sales in the Procter & Gamble Company (NYSE:PG), as well as management changes highlight how Lafley plans to vacate the office while also leaving it in good hands.
David Taylor makes the list as a possible contender for the top post after running the company’s largest factory in Pennsylvania, as well as, having run the highly profitable unit, razor business. Taylor comes with lots of experience having worked on various management jobs across Asia, Europe and North America. He is accredited to have overseen the improvement of organic sales in the razor business that grew from 3% to 7% during his tenure, while also unveiling Gillette Body and Flex Ball shaving systems.
Martin Riant is the current president of global Feminine and Family Care unit that is responsible for things like paper diapers, towels and toilet paper. Mr. Riant is a notable candidate for the top post especially after current CEO praised the company’s Pampers products that are expected to gain a substantial amount of market share. Procter & Gamble Company (NYSE:PG) has already gained share with the Swaddler’s product line clearly highlighting the growth potential of the unit.
Giovanni Ciserani oversaw the impressive roll out of laundry detergents, Ariel Pods and Gain flings in the Home Care and Fabric unit. The products have already gained 10% market share and still growing at the back of impressive leadership qualities from Ciserani.
Deborah Henretta is one of the only two women seen as possible candidates for the top post. With the woman touch, Henretta has been relied on, to grow the company’s widening skin care products, makeups, perfume and shampoos. She has enjoyed success in this unit registering double-digit growth in the process as well as expanding into skin care.
Having begun her career at Johnson &Johnson (NYSE:JNJ), Healey’s 33 years’ experience and contribution at Procter & Gamble Company (NYSE:PG) cannot go unnoticed with the company having a culture of always hiring from the inside. Healey is seen’ as a key strategist in matters of sales, having rebounded sales in North America, which were on a downward trend when she took over in 2009. Her efforts have seen North America become more profitable compared to emerging markets.