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To: Mariner

Early life and education[edit]
McDonald was born on June 20, 1953 in Gary, Indiana, and grew up in Chicago.[4] He graduated from the U.S. Military Academy at West Point in 1975 with a Bachelor of Science degree in Engineering. At West Point he served as the Brigade Adjutant for the Corps of Cadets and was awarded the Silver Medal from the Royal Society for the Encouragement of Arts, Manufacturing and Commerce. After graduation, he served in the U.S. Army for 5 years, primarily in the 82nd Airborne Division, attaining the rank of Captain, and earned an MBA from the University of Utah in 1978. Upon leaving the military he received the Meritorious Service Medal.[5]

Career[edit]

Senate Majority Leader Harry Reid meets with Veterans Affairs nominee Robert McDonald on July 16, 2014
McDonald joined Procter & Gamble in 1980.[6] He served as a brand manager for Tide from 1984-1986. In 1989 he transferred to Toronto to lead P&G’s Canadian Laundry business, and moved to the Philippines as General Manager in 1991. In 1995 he became Vice President, Laundry & Cleaning Products Asia, and relocated to Japan. A year later in 1996, McDonald became President, Japan Operations, and in 1999, President, Northeast Asia. Two years later he moved to Brussels as President, Global Fabric Care and later President, Global Fabric & Home Care. He was appointed Vice Chairman, Global Operations in 2004 and appointed Chief Operating Officer in July 2007. McDonald became President and Chief Executive on July 1, 2009.[7] He assumed the Chairman of the Board role January 1, 2010. He retired from P&G on June 30, 2013.[8]

Under McDonald’s leadership, P&G grew organic sales by an average of about three percent per year with core earnings per share up an average of about four percent. P&G’s stock price rose from $51.10 to $78.80 during his tenure as CEO – over a fifty percent increase. The company’s market capitalization puts it among the top fifteen most valuable companies in the world. P&G also made significant strategic adjustments to its product portfolio. The Company acquired Ambi Pur and formed a joint venture with Teva Pharmaceutical Industries, which will enable P&G to expand its Consumer Health Care business. P&G also divested its remaining food business, Pringles, exited the pharmaceutical business, increased its focus on discontinuous innovation through the establishment of transformational platform technologies and a new business creation group, and initiated a five-year, $10 billion productivity program.[9]

Source: Wikipedia


66 posted on 05/23/2016 2:30:10 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: Mariner; HarleyLady27

Sorry for the duplication!


67 posted on 05/23/2016 2:31:44 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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