Thursday, May 23, 2013

Robert A. McDonald: Challenging Times

Robert A. McDonald is Chairman of the Board, President and Chief Executive Officer of Procter & Gamble (P&G) one of the largest companies in the world. McDonald was born in Gary Indiana, and grew up in Chicago. He graduated from West Point in 1975 with a BS degree in Engineering.

McDonald joined the U.S. Army and became a captain. He was in the Infantry, Airborne Ranger, 82nd Airborne Division. While in military service he also devoted time for further academic studies earning an MBA from the University of Utah in 1978 and graduating with honors.

McDonald went out of the military and joined P&G in 1980. A talented and driven person he took up various assignments in different areas of specialties and was posted in different countries. He rose through the ranks and became the CEO of one of the largest consumer products company in 2009.

McDonald had the luck and a bit of a curse in succeeding a legendary CEO in the name of A.G. Lafley who was able to pullout P&G from its last major turndown.  The standards were high when he took over. Some of Lafley’s innovative moves also needed overhauls. To add to this was the world economic slowdown that took place after the U.S. fiscal crisis.
Company performance has not been as expected although things have started to improve. There have been questions about his leadership capabilities. Nevertheless McDonald still has the trust of the board of directors and isn’t backing down from the challenges that lay before him.  Like a good leader his has been listening and facing issues head on.

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