Procter & Gamble Announces Organizational Changes

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Jan 20, 2010, 10:15 ET

CINCINNATI, Jan. 20, 2010 /PRNewswire/ -- The Procter & Gamble Company (NYSE: PG) today announced the following organizational changes:

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Steven W. Jemison (58), chief legal officer, will retire effective September 30, 2010, after more than 29 years of service. Until his retirement, Mr. Jemison will serve as Officer on Special Assignment, reporting to Bob McDonald, chairman of the Board, president and chief executive officer.

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Deborah Platt Majoras (46), currently senior vice president and general counsel, has been elected chief legal officer and secretary, succeeding Mr. Jemison effective February 1, 2010.

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"Steve Jemison has been an exceptional leader and attorney throughout his career at P&G," said Mr. McDonald. "He has distinguished himself in labor and employment law. He's demonstrated remarkable capability by leading in Central and Eastern Europe, the Middle East and Africa – an especially complex legal environment – and by helping to guide P&G's Beauty business through a rapid decade of growth that included numerous acquisitions and divestitures. He worked with P&G's Board of Directors as Secretary during a period of significant external changes in governance and reporting. And he has led P&G's Global Legal organization to leave an enduring legacy. His impact at P&G is significant and he will be remembered."

On the appointment of Ms. Majoras, Mr. McDonald said, "Debbie is the right attorney and the right leader to guide P&G Legal into the future. She came to P&G after serving as Chairman of the U.S. Federal Trade Commission and she is one of the world's pre-eminent global competition lawyers, a reputation she earned first as a partner at Jones Day and then as a senior official at the U.S. Department of Justice. She is also an extremely effective leader who has strengthened P&G's litigation capabilities and helped to create a world-class compliance program for our Company. P&G is very fortunate to have a chief legal officer of her caliber. She has my and the Board's complete confidence and support."

About Procter & Gamble

Four billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers®, Tide®, Ariel®, Always®, Whisper®, Pantene®, Mach3®, Bounty®, Dawn®, Gain®, Pringles®, Charmin®, Downy®, Lenor®, Iams®, Crest®, Oral-B®, Duracell®, Olay®, Head & Shoulders®, Wella®, Gillette®, Braun® and Fusion®. The P&G community includes approximately 135,000 employees working in about 80 countries worldwide. Please visit http://www.pg.com for the latest news and in-depth information about P&G and its brands.

SOURCE Procter & Gamble