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P&G CHARGING J&J WITH "UNFAIR COMPETITION" OVER HIRING OF EXECS

This article was originally published in The Rose Sheet

Executive Summary

P&G CHARGING J&J WITH "UNFAIR COMPETITION" OVER HIRING OF EXECS from P&G in a suit filed May 27 in the Court of Common Pleas in Hamilton County, Ohio. In its complaint, Cincinnati-based P&G says that J&J "has systematically solicited Procter & Gamble employees knowledgeable in the skin care field to assist Johnson & Johnson in the development of its own skin business." The impetus for the suit was J&J's hiring of two former P&G skin care execs, Neal Matheson and Steven Shaya, who also are named as defendants.

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