P&G Unveils Major Divestiture: Batteries Not Included In Firm’s Future
This article was originally published in The Rose Sheet
Executive Summary
Firm’s announcement that it will split off or otherwise divest Duracell raises the question if other billion-dollar brands could follow. Separately, the firm confirms that Melanie Healey, North America head of operations – previously seen as a potential candidate to succeed current CEO A.G. Lafley – will retire in June 2015.