P G CEO targets one billion new customers global growth
At the annual meeting new CEO Bob McDonald charts growth by expanding to about one billion new customers with lower priced products in emerging markets led by China and India. He says P G reaches about four billion people and will streamline operations for faster response. Sales are expected to rebound this fall after a 3 percent drop to 79 billion last year with price cuts and new products. The first quarter results are due October 29.
MENTIONED IN THIS ARTICLE
Cincinnati
Procter & Gamble Co
P&g
Bob McDonald
McDonald
China
India
CIT Group chief executive to resign by year end
CIT Group Inc says Chief Executive Jeffrey M. Peek, 62, will resign at the end of the year as the lender continues its restructuring to avoid bankruptcy. The New York firm has posted large losses amid a credit market downturn and loan delinquencies.
MENTIONED IN THIS ARTICLE
CIT Group
Peek
New York
CIT Group Inc
Jeffrey M. Peek
CIT
SH Specialty health World St objective Ais in top 20
SH focuses on specialty health tasks with targets to place in the top fifth of the World St objective. The strategy includes improving AIS metrics and ensuring engagement across core health services.
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