The company announced today that Mr. Stengel, 53, who captains its $5.2 billion marketing budget, will step down Oct. 1. He will be working on special projects effective Aug. 1.
Succeeding him will be Marc Pritchard, 48, former head of P&G's cosmetics business who most recently had overseen a stepped-up global restructuring effort concentrated largely on how the company's regional market development organizations and global business units divide their duties.
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I noticed that while reading the Wall Street Journal the other day http://online.wsj.com/article/SB121614145780655077.html
*Wonder what he'll be working on etc.?!
Here's an interesting interview with him as well http://magnostic.wordpress.com/best-of-cmo/interview-jim-stengel-procter-gamble/
Branding - I also recommend Dave Knox's Blog for great info at http://hardknoxlife.wordpress.com/
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