Procter & Gamble Co.
 |
|
| Public | |
| Traded as |
|
| Industry | Consumer goods |
| Founded | October 31, 1837 Cincinnati, Ohio, U.S. |
| Founders | |
| Headquarters | Cincinnati, Ohio, U.S. |
|
Area served
|
Worldwide (except Cuba and North Korea) |
|
Key people
|
David S. Taylor Chairman of the Board, President and CEO |
| Products | Cleaning agents Personal care products Beauty Care Products Personal Healthcare Products Diagnostics (through SPD Joint Venture) |
| Brands | See list of brands |
| Revenue |
 US$65.29 billion (2016) |
 US$13.44 billion (2016) |
|
|
US$10.50 billion (2016) |
|
| Total assets |
US$127.1 billion (2016) |
| Total equity |
US$57.34 billion (2016) |
|
Number of employees
|
95,000 (2017) |
| Website | us |
Procter & Gamble Co. (P&G) is an American multi-national consumer goods corporation headquartered in downtown Cincinnati, Ohio, founded in 1837 by British American William Procter and Irish American James Gamble. It primarily specializes in a wide range of cleaning agents and personal care and hygienics products. Before the sale of Pringles to the Kellogg Company, its product portfolio also included foods, snacks and beverages.
In 2014, P&G recorded $83.1 billion in sales. On August 1, 2014, P&G announced it was streamlining the company, dropping and selling off around 100 brands from its product portfolio in order to focus on the remaining 65 brands, which produced 95% of the company's profits. A.G. Lafley—the company's chairman, president, and CEO until October 31, 2015—said the future P&G would be "a much simpler, much less complex company of leading brands that's easier to manage and operate".
David Taylor is the current president and CEO of Procter & Gamble.
Candlemaker William Procter, born in England, and soapmaker James Gamble, born in Ireland, both emigrated from the United Kingdom. They settled in Cincinnati initially and met when they married sisters Olivia and Elizabeth Norris. Alexander Norris, their father-in-law, called a meeting in which he persuaded his new sons-in-law to become business partners. On October 31, 1837, as a result of the suggestion, Procter & Gamble was created.
In 1858–1859, sales reached $1 million. By that point, about 80 employees worked for Procter & Gamble. During the American Civil War, the company won contracts to supply the Union Army with soap and candles. In addition to the increased profits experienced during the war, the military contracts introduced soldiers from all over the country to Procter & Gamble's products.
...
Wikipedia