Procter & Gamble Promotes Pritchard to Global Marketing Officer

James Stengel, a 25-year veteran of Procter & Gamble, is stepping down on October 31, 2008, as the global marketing officer, and will be succeeded by Marc Pritchard, according to Women’s Wear Daily (in a story available online to subscribers only). Pritchard, who begins his new post on August 1, served as president of strategy, productivity, and growth for P&G for the past two years. Prior to that he was president of global cosmetics and personal care, a position that, according to WWD, led Pritchard to engineer some of the most successful product launches in the history of cosmetics.

As global marketing officer, Pritchard will focus on increasing the worldwide presence of the company's diverse brands. He will report to chief operating officer Robert A. McDonald.