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.
Monday morning I was up at 5:30 a.m. in my hotel room in the Hyatt Regency Kyiv in Ukraine. I exercised in the hotel fitness center and cleaned up. I met my host John Boestler, CEO of Combined Arms, at 8:30 a.m. We were driven to the veterans hospital Lisova Polyana in the Obolonsky district […]
Bob McDonald was recently interviewed by UATV during his visit to Ukraine to talk more about how the year-old The Ministry for Veterans Affairs can model itself after the U.S. Department of Veterans Affairs. McDonald who is the former CEO of Procter & Gamble, and, the eighth United States Secretary of Veterans Affairs shared insight […]
On this Independence Day, July 4, 2019, let’s recommit ourselves to serving others, to a higher purpose, which is what has made our country great. At President Kennedy’s Inaugural Address on January 20, 1961, he said these famous words, “And so, my fellow Americans: ask not what your country can do for you — ask […]