Procter & Gamble (PG) trades slightly higher, up 0.4% premarket, with reports out that...

Procter & Gamble (PG) trades slightly higher, up 0.4% premarket, with reports out that William Ackman pushed for the ouster of CEO Robert McDonald from his dual role of Chairman and CEO. The buzz from analysts is that P&G's next earnings report could be a "pass or fail" exam for McDonald.

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Comments (3)
  • david reid
    , contributor
    Comments (6) | Send Message
    The issue is who is going to be CEO?
    If McDonald winds up as Chairman, but
    not CEO, then we know how the Board
    feels about his performance.
    27 Sep 2012, 09:13 AM Reply Like
  • aptti4964
    , contributor
    Comment (1) | Send Message
    One thing that I don't like is all these fat cats sitting on each others boards, when you have one person sitting on say three or four other boards. I would think at sometime this would produce a conflict of interest, unfair inside knowledge of other company information. Used to sell or buy a company stock before new is released. Maybe I'm wrong but it seems a little suspicious.
    27 Sep 2012, 09:56 AM Reply Like
  • Rudester
    , contributor
    Comments (3486) | Send Message
    I voted appropriately on the PG Proxy statement I received last week. No on all incumbent directors that have a role in determining Executive Pay, or are CEO's of other companies. Also voted NO on executive pay plan. PG needs full time focus from the board and if the board is composed of full time CEOs, PG won't receive the focus it deserves to get from the board.
    27 Sep 2012, 04:15 PM Reply Like
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