25 chapter 2 companys profile name of the company

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CHAPTER-2: COMPANY’s PROFILE Name of the Company : Procter & Gamble. Registered Office or Plant : One Procter & Gamble Plaza, Cincinnati, Ohio, USA-45202. . Year of Incorporation : 1837 Key people : A.G. Lafley, Chairman, President, and Chief Executive. Sector : Private Industry : Fast moving consumer goods. Revenue : US$83.503billion(2008) Board of Directors Net income : Alan Lafley, Clayton Daley Jr., Charles Lee, Ralph Snyderman M.D., Margaret Whitman, W. J. McNerney Jr., Lynn Martin, Johnathan, Rajat Gupta , Patricia Woertz, and Kenneth Chenault Rodgers, Ernesto Zedillo, Scott Cook, US$12.075BILLION (2008) 26
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(HISTORY BACKGROUND ) 1837 : On October 31, 1837, Procter & Gamble was born. 1859 : Sales reached one million. 1887 : William Arnett Procter, began a profit-sharing program for the company's workforce to avoid strikes like problems. 1911 : Began to diversify its products & build factories in other locations in the United States. 1930 : The company moved into other countries, both in terms of manufacturing and product sales and acquisized of the Newcastle upon Tyne-based Thomas Hedley Co. 1946 : Company introduced “TIDE” detergent powder 1950 : Company introduced “PRELL” shampoo. 1955 : Began selling the first toothpaste “CREST”. 1961 : Company launched its most revolutionary products “PAMPERS” 1985 : P&G acquired Indian based company Richardson Hindustan limited 1993 : Procter & Gamble Home Products is incorporated as a 100% subsidiary of The Procter & Gamble Company, USA. Procter & Gamble Home Products launches Ariel,Super-Soaker. 1995 : Procter & Gamble Home Products enters the Hair care Category with the launch of 27
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Pantene-V. 1997 : Procter & Gamble Home Products launches Head & Shoulders shampoo. 2000 : Procter & Gamble Home Products introduced Tide Detergent Powder - the largest selling detergent in the world and PANTENE Pro-Vitamin. P&G Home Products Limited presented India in the first International Styling and Beauty Expert Contest- Hair Asia Pacific 2000 in collaboration with SriLankan association of hairdressers and beauticians. 2002: P&G also hosted Pantene World Teen Queen contest in Goa. Contestants from UK,USA, South Africa, Kenya, Tanzania, Mauritius, Middle East and Hong Kong participated to win the coveted World Teen Queen crown. 2005 : P&G acquized GILLETTE. 2008 : P&G was named one of "Canada's Top 100 Employers" by Mediacorp Canada Inc., and was featured in MacLean’s newsmagazine. Later that month, P&G was also named one of Greater Toronto's Top Employers, which was announced by the Toronto Star newspaper. HISTORY OF PROCTER & GAMBLE IN INDIA : In India Proctor & Gamble has two subsidiaries: P&G Hygiene and Health Care Ltd. and P&G Home Products Ltd. P&G Hygiene and Health Care Limited is one of India's fastest growing Fast Moving Consumer Goods Companies with a turnover of more than Rs. 500 crores. It has in its portfolio famous brands like Vicks & Whisper. P&G Home Products 28
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Limited deals in Fabric Care segment and Hair Care segment. It has in its kitty global brands such as Ariel and Tide in the Fabric Care segment, and Head & Shoulders, Pantene, and Rejoice in the Hair Care segment.
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