Robert Steele steps down at P&G after 35 years
"Rob has been and remains an outstanding leader whose impact on P&G stretches across the Company and will endure for decades to come," said P&G CEO Robert A. McDonald.
"He has revitalized our Global Health and Well-Being strategy and portfolio, focusing on businesses where P&G can win long term," he added.
As part of this management change, P&G will consolidate its current three Global Business Units (GBUs). The Oral Care and Feminine Care businesses will become part of P&G's Beauty and Grooming GBU and the Personal Health Care, Pet Care and Snacks businesses will become part of P&G's Household Care GBU.
The company hopes these moves will help ensure each of the businesses continues to get the full investment required for growth globally while benefiting from synergies with P&G's larger businesses.