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A. G. Lafley

A G Lafley
Personal information
Birth dateJune 13, 1947(age 68)
Place of birthKeene, New Hampshire
OccupationChairman, Procter and Gamble
SalaryUS$1.70 million salary, US$3.5 million in bonuses (2007)
PredecessorDurk Jager (as CEO)
SuccessorRobert A. "Bob" McDonald

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Alan George "A.G." Lafley (born June 13, 1947) is the former Chairman of the Board, President and Chief Executive Officer of Procter & Gamble, retiring from the company in 2010. Lafley is largely credited for turning around P&G during his tenure under the mantra “Consumer is Boss.” During his leadership, sales doubled, profits quadrupled, and P&G’s market value increased by more than $100 billion dollars.

Lafley graduated from Fenwick High School in Oak Park, Illinois, to earn an A.B. from Hamilton College in 1969. In 1970, after beginning a doctoral program, he took a commission with the U.S. Navy as a supply officer during the Vietnam War. Afterwards, he studied at Harvard Business School, receiving his M.B.A. in 1977. He joined P&G upon his graduation, where he worked until his retirement.

He is credited with revitalizing the company by focusing on P&G’s billion dollar brands like Crest, Tide, and Pampers, But he also brought in several new brands, like Swiffer and Febreze, by merging P&G’s internal resources with outside “open” innovation.

Lafley is a member of the General Electric board of directors and was named the chairman of Hamilton's Board of Trustees in December 2007.

He was awarded "CEO of the Year 2006" by Chief Executive Magazine and the Peter G. Peterson Award for Business Statesmanship presented by the CED in 2009. Lafley has also been announced as recipient of the 2010 Edison Achievement Award, an annual award recognizing leaders that have made significant and lasting contributions to innovation, marketing and human-centered design throughout their careers.

On April 8, 2008 Lafley and renowned strategy consultant Ram Charan published The Game Changer, an operating manager's guide to turning innovation into strategic advantage. Business Week selected The Game Changer as one of the year's "Top Ten Business Books". A.G. Lafley also authored the critically acclaimed article What Only the CEO Can Do published as the lead article in Harvard Business Review, May, 2009.

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