New Global Marketing Officer Appointed at P&G

Marc S. Pritchard has been elected global marketing officer at The Procter & Gamble Company, effective Aug. 1, 2008, reporting to Robert A. McDonald, chief operating officer. He is to replace James R. Stengel, global marketing officer, who will retire effective Oct. 31, 2008, after 25 years of service.

According to P&G, until that time, effective Aug. 1, 2008, Mr. Stengel will work on special projects and the transition of positions. Mr. Pritchard is currently president, strategy, productivity and growth at the company.