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Procter & Gamble (P&G) appoints David Taylor as its new CEO

Procter & Gamble (P&G) has appointed its company veteran David Taylor as the new CEO by replacing A G Lafley on 29 July 2015.

However, A G Lafley the existing CEO who has led the P&G from 2000 will remain as the chairman of the company.

The world’s largest household products maker P&G has appointed new CEO in wake of sluggish sales in developed countries. And recently has also announced to sell off its 40 brands to the perfume maker Coty Inc for USD 12.5 billion.

About David Taylor:

David Taylor is with the P&G for last 35 years, who had joined in 1980. He has been the group president for global health & grooming business since 2013 and has served the company as in managerial role across the globe.

About Procter & Gamble (P&G)

P&G is a publicly traded world’s largest American multinational consumer goods maker company based at Cincinnati, Ohio, U.S. It was initiated by two British business men William Procter and James Gamble in 1837.

Currently it has over 23 Billion Dollar Brands that serves nearly 5 billion people around the world. It world famous brands are Gillette, Olay, Ariel, Oral-B, Head & Shoulders, Tide, Pampers, Vicks, Whisper, Pantene and many more.

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Year 2014 to bring 8.5 lakh new jobs: Report

As per a survey by recruitment platform year 2014 MyHiringClub.com  augurs well for job seekers as more than 8.5 lakh new jobs are expected across various sectors, including FMCG and healthcare. According to the survey based on a study conducted among more than 5,600 firms across 12 industry sectors, the forecasted number of new jobs in 2014 is higher than the estimated 7.9 lakh employment opportunities created in 2013.

All the employments have been projected in for the organised sector. Apart from FMCG, more jobs are expected in healthcare, IT, retail and hospitality sectors.

Sectror-wise expected number of jobs:

  • FMCG: 1.5 lakh
  • Healthcare: 1.33 lakh
  • IT and ITeS: 1.21 lakh
  • Retail: 86,700
  • Hospitality:  83,400
  • Banking and Financial services: 61,400
  • Manufacturing and Engineering: 51,500
  • Education, Training and Consultancy: 42,900
  • Media and Entertainment: 42,800
  • Real estate: 38,700

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