Industry news

Procter & Gamble's Langer to retire at end of year.

by Grant Osborne, 22 April 2009

Presdident of Procter & Gamble's Global Prestige Products, Hartwig Langer, will retire at the end of this year, after more than 28 years of service. He will step down as division president on July 1, 2009, but will continue to serve in a special assignment to ensure a smooth transition.

Current Vice President of Future strategy & growth of the Global Prestige Products, Patrice Louvet will suceed Mr Langer.

Vice Chairman of Global Beauty and Grooming, Ed Shirley said "Hartwig has been a game-changing leader and strategist. He has succeeded by turning the industry's conventional business model on its head by challenging the industry paradigm that being in touch with the consumer would not yield fresh insights in an industry dominated by creative individuals. He has left an enduring legacy at P&G and in the beauty industry."

"Patrice Louvet is the right leader to succeed Hartwig. He is well positioned to sustain and strengthen the growth of P&G Prestige where he has been serving as vice president - future strategy & growth for some time," Shirley said. "With more than 20 years experience in the Company, and 15 years in Beauty, he has successfully led several of P&G's businesses in multiple regions. He is a cosmopolitan leader with experience in Europe, Asia and North America. And, he is a Beauty expert whose experience in skin, hair and color cosmetics will help us further grow our Prestige Beauty business on the strong foundations in place today."