Former CEO To Resume His Post At Procter & Gamble
RENEE MONTAGNE, HOST:
NPR's business news starts with a comeback.
(SOUNDBITE OF MUSIC)
MONTAGNE: Procter & Gamble made a surprise announcement last night. It's bringing back its former CEO as the company's new CEO. A.G. Lafley will replace Bob McDonald. Procter & Gamble is behind names like Crest toothpaste and Tide laundry detergent. The 170-year-old company has been struggling to grow in emerging markets.
NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.