The Procter & Gamble Company is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837 by William Procter and James Gamble.
Pampers diapers, which cater to different stages of a baby’s development, are one of the most recognizable in the country.
Biggest Advertiser
Based in Ohio, USA, P&G is the company behind other iconic brands like Always, Gilete, Dawn, Downy, Oral B, Duracell Batteries, and Pringles, among others.
The multinational company is ranked as one of the biggest advertisers in the World, serving nearly 5 billion customers in over 180 countries.
Being a large company, P&G’s ownership is predictably distributed among a large number of shareholders.
To begin with, the company is 66% owned by institutional shareholders, the major ones being The Vanguard Group, Black Rock, and State Street Global advisors.
Most of P&G’s individual shareholders are company insiders and board members. They own just about 1% of the company according to Yahoo Finance.
Here are the company’s top 5 individual shareholders:
David S. Taylor
He is a prominent figure in the history of Procter & Gamble, having served as the company’s Chairman, President, and CEO from 2015 to 2021. He currently holds the position of Executive Chairman of the Board.
Widely respected in the business community, Taylor has been named to Forbes’ list of the “100 Most Powerful People in the World” and Fortune’s “Businessperson of the Year.”
He is the largest individual shareholder of P&G, with more than 12 million company stock.
Jon R. Moeller
Jon R. Moeller is the current Chairman of the Board, President, and Chief Executive Officer of Procter & Gamble.
He has held this position since November 1, 2021, and assumed the additional role of Chairman of the Board on July 1, 2022.
Moeller joined P&G in 1988 and has held various leadership positions throughout his career, including Chief Financial Officer (CFO) from 2009 to 2017, Vice Chairman and CFO from 2017 to 2019, Vice Chairman, Chief Operating Officer (COO), and CFO from 2019 to 2021, and Vice Chairman and COO from 2021 until he was appointed CEO.
He owns close to a million shares of the company.
Steven Bishop
Bishop is the current Group President – of Global Feminine and Family Care at P&G.
He previously held the position of Group President – Global Health Care (2019-2022), leading P&G’s billion-dollar healthcare portfolio with brands like Crest, Vicks, and Oral-B.
MUST READ: National Intelligence Service (NIS) Recruitment And Salary
He has held leadership roles in the company’s North American and Asian markets. He owns over 600,000 units of the stock.
Mary Lynn Ferguson-McHugh
She joined P&G in 1996 after graduating with an MBA from Wharton University. There, she was appointed CEO of Family Care and P&G Ventures.
She holds close to 500,000 shares of the company, both individually and on behalf of her family.
Carolyn Tastad
She has been listed as Fortune magazine’s most powerful woman for four years in a row, between 2015 to 2018.
She was appointed as the company’s CEO of the Health Care department in 2021 after heading the company’s North American business operations.
She owns about 300,000 shares of the company stock.
The rest of P&G is owned by the general public, which owns about a 34% stake in the company.
'Want to send us a story? WhatsApp us on +254729 334 564 or Submit to NAIROBIminiBLOGGERS via our Email nairobiminiblogger@gmail.com'
Drop Your Comments, What do you think About The Article?