P&G brings back veteran AG Lafley as chief

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/ZE9K33/Z8EPXU/WIETS7/A7P8KJ/   Breaking news Thursday May 23 2013 Breaking News   P&G brings back veteran AG Lafley as chief Procter & Gamble embattled chief executive Bob McDonald is stepping down and will be replaced by his predecessor AG Lafley after a period of weak performance that left investors unhappy P&G, the world's largest consumer goods maker by sales, announced late on Thursday that Mr McDonald would "retire" at the end of June after nearly four years in the role. The return of Mr Lafley, chief executive from 2000 to 2009, caught Wall Street by surprise. The shares rose 0.5 per cent in after-market trading in New York. http://link.ft.com/r/ZE9K33/3CYFN5/BMU6DR/U1N871/6AN6BH/PJ/h?a1=2013&a2=5&a3=23 Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..