Bob McDonald

P&G Brings Back Lafley as CEO

Consumer-products giant Procter & Gamble brings back its former CEO, A.G. Lafley, a 33-year industry veteran, who left in 2009.

Activist Investor William Ackman Targets Procter & Gamble's CEO

William Ackman's Pershing Square Capital Management has taken a $2 billion position in Procter & Gamble, and it's almost certain he wants to oust the CEO. This is hardly Ackman's first attempt to buy big into a company and shake things up -- but it is his biggest.