Bob McDonald
With more than 30 years of brand-building, market development, global business unit and global operations leadership experience across the Company and throughout the world, Bob is the most broadly experienced CEO in P&G history.
Bob McDonald is Chairman of the Board, President and Chief Executive Officer of Procter & Gamble. When Bob became CEO in July 2009, he launched a new overarching growth strategy inspired by the Company's Purpose—to touch and improve lives, now and for generations to come. This strategy is focused on touching and improving more consumers' lives, in more parts of the world, more completely.
P&G is executing this strategy by innovating to improve people’s everyday lives in every part of the world, and by then expanding our portfolio of innovation up and down price tiers, into new markets, and into new and existing product categories.
This strategy is fundamentally right for P&G because it inspires employees and partners, provides focus for where the growth opportunities are greatest, and leverages the Company's core strengths: consumer understanding, brand building, go-to-market capability, global scale and, most importantly, innovation.
Under Bob's leadership, P&G has grown sales by an average of nearly four percent per year over the past two years; core earnings per share an average of nearly seven percent; and adjusted free cash flow 106%. The Company has delivered these results despite significant economic headwinds, including slow to no growth in developed markets and rising commodity costs.
On the strength of these results, P&G has paid about $5.5 billion in dividends, returned over $6 billion to shareholders through the repurchase of P&G stock, and marked the 121st consecutive year that P&G has paid a dividend.
Touching lives, improving life. P&G™
