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CFOs On the Move: Week Ending March 24
Ally Financial, NFL, Papa Johns, Overair, LastPass, Curbio, Hinge Health, Momnt, Sealed Air, Infobip
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Lauren Muskett
| March 24, 2023
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CFOs On the Move: Week Ending March 24
Ally Financial, NFL, Papa Johns, Overair, LastPass, Curbio, Hinge Health, Momnt, Sealed Air, Infobip
By
Lauren Muskett
| March 24, 2023
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Procter & Gamble
M&A
P&G Scraps Deal to Buy Billie Razor Startup
The termination of the proposed merger comes after regulators alleged it would cause "significant harm" to consumers.
By
Matthew Heller
| January 5, 2021
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People
CFOs On the Move: Week Ending December 11
Procter & Gamble, Stitch Fix, Qdoba, Coty, ANGI Homeservices, Cigna, Altair, Broadcom, Mercato, Vistra
By
Lauren Muskett
| December 11, 2020
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Financial Performance
P&G Sales Surge 6% on Home Products Demand
Amid coronavirus lockdowns, consumers have been stocking up on P&G products ranging from toilet paper to laundry detergent.
By
Matthew Heller
| April 17, 2020
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Turnarounds
P&G Sales Rise 4.6%, Price Hikes Boost Profit
CFO Jon Moeller says the second-quarter results show P&G's turnaround plan is working despite weak sales of baby and feminine care products.
By
Matthew Heller
| January 23, 2020
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People
Avon Calls for Ex-P&G Exec Arnal as New CFO
Gustavo Arnal is joining the beauty company at "a critical time" as it seeks to execute a new long-term growth strategy.
By
Matthew Heller
| December 14, 2018
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M&A
Procter & Gamble Acquires Health and Beauty Startup
The merger helps grow P&G’s multicultural business and accelerate growth for Walker & Company’s existing brands.
By
William Sprouse
| December 13, 2018
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Financial Performance
P&G Beats Estimates, Announces Price Hikes
P&G's risky pricing move "will serve as a test for how willing Americans are to pay up for big household brands."
By
Matthew Heller
| August 1, 2018
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M&A
P&G Buys Merck Unit to Boost OTC Business
The $4 billion acquisition of Merck's consumer healthcare unit comes amid investor pressure on P&G to increase sales.
By
Matthew Heller
| April 19, 2018
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Strategy
P&G Shares Fall as Price Cuts Eat Into Margins
"Second quarter was not a quality beat, with gross margin lower than expected, and little near-term benefit from the Tax Act,” an analyst says.
By
Matthew Heller
| January 23, 2018
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Financial Performance
P&G Sales Rise 1% on Grooming Weakness
The first-quarter results may give more ammunition to activist investor Nelson Peltz, who has criticized P&G over stagnant sales.
By
Matthew Heller
| October 23, 2017
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Growth Companies
P&G: Sales Down, but Profits Up on Cost Cuts, Price Hikes
Profits beat analysts' expectations despite a 7% drop in net sales.
By
Katie Kuehner-Hebert
| April 26, 2016
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The Economy
P&G’s Profit Rises On Higher Prices
But the consumer products giant also expects negative foreign exchange effects to continue to eat into total sales numbers.
By
Katie Kuehner-Hebert
| January 26, 2016
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Corporate Finance
French Ad Agency Publicis Loses $54M Account
The hit comes just after the firm announced plans to prop up its sluggish revenues.
By
Matthew Heller
| December 9, 2015
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Tax
P&G Sells Beleaguered Beauty Brands
Procter & Gamble washes its hands of its salon professional, retail hair color, cosmetics, and fine fragrances lines of business.
By
Katie Kuehner-Hebert
| July 9, 2015
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Risk & Compliance
Women Gaining Corporate Board Slots
The percentage of female board members at S&P 1500 companies rose from 11.3% in 2007 to 15% in 2014, says Equilar.
By
Katie Kuehner-Hebert
| April 2, 2015
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