Welcome to our dedicated page for Procter & Gamble Company news (Ticker: PG), a resource for investors and traders seeking the latest updates and insights on Procter & Gamble Company stock.
Procter & Gamble Company (NYSE: PG), headquartered in Cincinnati, Ohio, has established itself as a global leader in the consumer goods industry since its inception in 1837 by William Procter and James Gamble. The company stands as one of the world's largest producers of household and personal care products, generating over $80 billion in annual sales.
Procter & Gamble's diverse portfolio features some of the most trusted brands across various categories. The company's impressive lineup includes more than 20 brands that each generate over $1 billion annually in global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G’s strategic decision to focus on core consumer product lines led to selling its last food brand, Pringles, to Kellogg in 2012.
With a significant international presence, around 53% of Procter & Gamble's sales come from outside the United States. The company continues to invest in innovation and sustainability, ensuring its products meet the evolving needs of consumers. Recent achievements include advancements in product formulas, packaging innovations aimed at reducing environmental impact, and strategic partnerships enhancing their market reach.
Financially, Procter & Gamble remains robust, consistently delivering value to shareholders through dividends and share repurchases. The company's commitment to operational excellence and cost efficiency supports its strong financial performance and competitive edge in the market.
Bounty Paper Towels has announced its latest initiative, collaborating with artists Shadé Akanbi, Reina Castellanos, and Kingsley Nebechi for a new limited-edition collection. This launch is part of Bounty's Inclusive Artists Project, which aims to inspire young creators and support diversity in the arts. Bounty has pledged $100,000 towards scholarships for creatives of color, contributing to a total of $650,000 donated to this initiative. The new collection will be available in select stores nationwide until November 2023.
Scope, a leading mouthwash brand, has launched Scope Squeez, a customizable mouthwash concentrate. This innovation allows users to adjust the strength of their mouthwash by simply adding water and squeezing the bottle. The product is designed in a palm-sized format, offering up to 50 uses and featuring 70% less packaging than traditional bottles. Available in Original Mint and Cool Peppermint for $7.99, Scope Squeez aims to enhance consumer convenience and cater to personalized preferences, particularly appealing to Gen Z and Millennials who seek tailored products.
Corium Pharma Solutions has appointed Suzanne Hinchcliffe as its new Chief People Officer, enhancing its leadership team alongside recent appointments of industry veterans including Mark Sirgo as CEO and Ernie De Paloantonio as CFO. With over 20 years in human resources, Hinchcliffe aims to improve talent management and HR operations.
Corium specializes in drug delivery technologies and partners with notable companies like Proctor & Gamble (NYSE: PG) and Agile Therapeutics (NASDAQ: AGRX). The leadership changes are positioned to support the company’s growth and operational strategy in 2023 and beyond.
Procter & Gamble (NYSE:PG) will have Chairman and CEO Jon R. Moeller and CFO Andre Schulten as featured speakers at the Consumer Analyst Group of New York Conference. This event is scheduled for February 23, 2023, at 9:00 a.m. ET. Investors and media can listen to the live audio webcast at www.pginvestor.com, where a replay will also be available afterward.
P&G is a global leader with a strong portfolio of trusted brands, including Tide®, Crest®, and Pampers®. The company operates in about 70 countries worldwide.
The Kroger Co. (NYSE: KR) and Procter & Gamble (NYSE: PG) have launched the 2023 Game Changers Scholarship program, offering 23 scholarships of $2,000 each to diverse female students pursuing degrees in business, sciences, or liberal arts. The initiative, now in its second year, aims to empower young women and promote gender equality in education and business. The application deadline is May 12, 2023, and selection criteria include academic performance, leadership, and community service. This program also complements the Queen City Game Changers leadership initiative and the LPGA Kroger Queen City Championship scheduled for September 4-10, 2023, in Cincinnati.
Corium Pharma Solutions, Inc. (CPSI) announced the appointment of Ernie De Paolantonio as Chief Financial Officer on February 15, 2023. With over 30 years of financial experience in the pharmaceutical industry, including roles at Journey Medical Corporation and BioDelivery Sciences, Ernie aims to drive long-term growth for CPSI. This leadership addition aligns with the company's strategy, following recent key appointments including Mark Sirgo as CEO. Corium specializes in drug delivery technologies, partnering with major firms like Proctor & Gamble (NYSE: PG) and Agile Therapeutics (NASDAQ: AGRX).
Corium Pharma Solutions has appointed Kevin Ostrander as Chief Business Officer and Dr. Niraj Vasisht as Chief Technology Officer, enhancing its leadership team. These appointments follow the recent selection of Mark Sirgo as Chief Executive Officer. Ostrander, with over 30 years in pharmaceuticals, previously led business development at ApiJect Systems and BioDelivery Sciences. Vasisht, a technology expert with over 25 years' experience, contributed to multiple FDA-approved products during his tenure at BDSI. Corium specializes in drug delivery technologies and has partnerships with major companies like Procter & Gamble and Agile Therapeutics.
Old Spice has launched its new Smelf-Confidence campaign, featuring its first mascot, Swaggy Spice, who debuted during Super Bowl LVII festivities. The campaign emphasizes how Old Spice products provide confidence against body odor. Highlighting the Swagger collection, which offers 24/7 freshness with products including body wash, deodorant, and antiperspirant dry spray, the campaign aims to inspire men to feel confident in their grooming products. The ads, created by Wieden + Kennedy, include two theater-inspired spots airing on various platforms. For more details, visit Old Spice's official website.
The Allstate Corporation (NYSE: ALL) has elected Monica Turner, President of North America at Procter & Gamble (NYSE: PG), to its board of directors, effective February 1. This appointment increases Allstate's board to 12 directors. Turner brings extensive experience in consumer-focused branding and operational leadership, which is expected to enhance Allstate's strategic direction. Tom Wilson, Allstate's Chair and CEO, emphasized Turner's role in adding valuable insights as Allstate aims to innovate its product offerings.
Pampers, part of Procter & Gamble, has launched new Easy Ups Training Underwear featuring Peppa Pig prints, available exclusively at Walmart. The collaboration aims to support parents during potty-training, making the process engaging for toddlers. Easy Ups are designed for leak protection, comfort, and easy removal, and they enable children to feel empowered while potty-training. This limited edition product coincides with Walmart's Baby Days event, taking place from February 15 to March 31, 2023, offering further savings on baby products. The partnership reinforces Pampers' commitment to innovative solutions for families.
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