Fast Track

Procter & Gamble

Procter & Gamble: Hartwig Langer, president-global prestige products, will retire effective Jan. 1, 2010, 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, reporting to Ed Shirley, vice chairman-global beauty grooming until his retirement.

Patrice Louvet, vice president-future strategy and growth, global prestige products, has been elected president, global prestige products, succeeding Langer.

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