Before joining VA, Bob McDonald was Chairman, President, and Chief Executive Officer of The Procter & Gamble Company (P&G). Under his leadership, P&G significantly recalibrated its product portfolio, expanded its marketing footprint by adding nearly one billion people to its global customer base, and grew the firm’s organic sales by an average of three percent per year. This growth was reflected in P&G’s stock price, which rose from $51.10 the day he became CEO to $81.64 on the day his last quarterly results were announced—a 60 percent increase from 2009 to 2013.
During his tenure, P&G was widely recognized for its leader development prowess. In 2012, Chief Executive Magazine named P&G the best company for developing leader talent. The Hay Group, a global management consulting firm, consistently cited P&G in its top-tier listing of the Best Companies for Leadership. The company received recognition for its environmental and social sustainability initiatives, including the Department of State’s Award for Corporate Excellence for P&G’s operations in Pakistan and Nigeria. In addition, using the company’s innovative water purification packets, P&G committed itself to the 2020 goal of “saving one life every hour” by annually providing two billion liters of clean drinking water to people in the world’s developing countries.
The Robert A and Diane J. McDonald Foundation has contributed matching dollars with Main Street Ventures for the The Wendy S. Lea Female Founder Grant that is awarded to first-time female founders and companies. Read the complete article.
Founded in 1947, The Horatio Alger Association honors the achievements of outstanding leaders who have accomplished remarkable successes in spite of adversity by bestowing upon them the Horatio Alger Award and inducting them as lifetime Members. The Association has named 14 individuals who have overcome adversity to achieve personal and professional success to is 2020 Member Class. Bob […]
Every guest room at the renown Thayer Hotel in West Point, NY is dedicated to a distinguished graduate of West Point. The decor of each room reflects the accomplishments and milestones of an individual who has made significant contributions to the nation and world. Below are the major milestones in the life of Robert McDonald: […]