Procter & Gamble

The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/consumer health, personal care and hygiene products; these products are organized into several segments including beauty; grooming; health care; fabric and home care; and baby, feminine, and family care. Before the sale of Pringles to Kellogg's, its product portfolio also included food, snacks, and beverages. P&G is incorporated in Ohio.

The Procter & Gamble Company
P&G
Company typePublic
IndustryConsumer goods
FoundedOctober 31, 1837 (1837-10-31)
Founders
Headquarters,
U.S.
Area served
Worldwide
Key people
Products
BrandsSee list of Procter & Gamble brands
Revenue US$82.01 billion (2023)
US$18.13 billion (2023)
US$14.65 billion (2023)
Total assets US$120.8 billion (2023)
Total equity US$47.07 billion (2023)
Number of employees
27,560 (2023)
Subsidiaries
Websitepg.com
Footnotes / references
Financials as of June 30, 2023.

In 2014, P&G recorded $83.1 billion in sales. On August 1, 2014, P&G announced it was streamlining the company, dropping and selling off around 100 brands from its product portfolio in order to focus on the remaining 65 brands, which produced 95% of the company's profits. A.G. Lafley, the company's chairman and CEO until October 2015, said the future P&G would be "a much simpler, much less complex company of leading brands that's easier to manage and operate".

Jon Moeller is the current president and CEO of P&G.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.