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Home Industry News Procter and Gamble HR officer announces retirement

Procter and Gamble HR officer announces retirement

11th October 2007

Procter and Gamble (P&G) has announced that its global human resources officer Richard L Antoine will retire after nearly 40 years with the company.

To take effect at the start of next year, Mr Antoine will be replaced with Moheet Nagrath who is currently vice-president corporate human resources.

Mr Nagrath will work with Mr Antoine from January to March 2008 to ensure a smooth handover when Mr Antoine leaves on March 31st.

A G Lafley, P&G’s chief executive officer and chairman, paid tribute to Mr Antoine’s long commitment to the company and the work he had undertaken.

“He has served this company with excellence for over 39 years and has led transformation of our capability as the chief officer of both product supply and human resources.”

Mr Lafley added: “He has provided strong, principled leadership and is a model of our P&G values. We will miss him and wish him well in his retirement.”

P&G’s CEO went on praise the appointment of Mr Nagrath who joined P&G in 1983 and who has previously taken up HR positions with the company around the world.

This week, Mr Lafely pledged further growth for the company, stating that the company was designed to grow for both the short and long-term and would expand both consistently and reliably.

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