Robert McDonald's position as CEO of Procter & Gamble (PG) could be at risk if the company's...

|About: The Procter & Gamble Company (PG)|By:, SA News Editor

Robert McDonald's position as CEO of Procter & Gamble (PG) could be at risk if the company's cost-cutting and product-refocus programs fail to revive its fortunes, the WSJ reports. The speculation follows three years of falling profits, earnings warnings, falling market share, and botched product launches. P&G is also under pressure from activist investor William Ackman to act.