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

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.
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