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P&G CEO Lafley Could Follow Divested Brands Out The Door

This article was originally published in The Tan Sheet

Executive Summary

A.G. Lafley is expected to remain P&G chairman after stepping down as CEO as soon as this summer, according to recent reports.

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In Brief

P&G’s Wella hair-care unit is on the auction block reportedly, with Henkel, Kao and Unilever among potential buyers. More news in brief.

Slimmed-Down P&G To Consist Of 65 ‘Leading Brands’ By FY 2017

At the CAGNY conference Feb. 19, P&G leadership provided new insight into the company’s streamlining program, specifically where the firm will end up after selling off 100 underperforming brands in deals expected to be closed by June 30, 2016. CFO Jon Moeller listed Gillette, Pantene, Head & Shoulders and Olay among core brands that will emerge from the simplification, highlighting recent innovations and marketing initiatives that are resonating with its core audience and driving growth.

EU Scientific Committee Reviewing Three UV Filters Against Endocrine-Disrupting Concerns

The European Commission issued requests on 4 February for updated opinions from the Scientific Committee on Consumer Safety on octocrylene, homosalate and benzophenone-3, in light of concerns that led to their listing in 2019 as “higher priority” substances used in cosmetics with endocrine-disrupting potential.


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