Procter & Gamble

The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837 by William Procter and James Gamble.[2] It specializes in a wide range of personal health/consumer health, and personal care and hygiene products; these products are organized into several segments including Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine, & Family Care. Before the sale of Pringles to Kellogg's, its product portfolio also included food, snacks, and beverages.[3] P&G is incorporated in Ohio.[4]

The Procter & Gamble Company
TypePublic
IndustryConsumer goods
FoundedOctober 31, 1837; 183 years ago (1837-10-31)
Founders
Headquarters,
United States
Area served
Worldwide (except Cuba and North Korea)
Key people
David S. Taylor
(Chairman, President & CEO)
Scott Cook
(Director)
Products
BrandsSee list of Procter & Gamble brands
Revenue US$70.95 billion[1] (2020)
US$16.39 billion[1] (2020)
US$13.03 billion[1] (2020)
Total assets US$120.7 billion[1] (2020)
Total equity US$46.88 billion[1] (2020)
Number of employees
101,000 (2020)
SubsidiariesProcter & Gamble Australia Pty Ltd,
Websitepg.com
Logo until 2003

In 2014, P&G recorded $83.1 billion in sales. On August 1, 2014, P&G announced it was streamlining the company, dropping and selling off around 100 brands from its product portfolio in order to focus on the remaining 65 brands,[5] which produced 95% of the company's profits. A.G. Lafley—the company's chairman, and CEO until October 31, 2015—said the future P&G would be "a much simpler, much less complex company of leading brands that's easier to manage and operate".[6]

David S. Taylor is the current chairman and CEO of P&G.