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Procter & Gamble Executives Consider Breaking Up Company

November 19, 2015: 12:00 AM EST
Procter & Gamble chief financial officer Jon Moeller said top management has evaluated the idea of splitting up the company. Speaking with Wall Street analysts, Moeller said increased costs, reduced efficiency, and high taxation dissuaded company officials from breaking P&G into two or more separate businesses. P&G, which has seen its third CEO in fewer than three years, saw its stock slump 16 percent in 2015. It has sold almost 100 brands considered non-core, worth more than $10 billion, as part of efforts to focus on its core business units.
Alexander Coolidge, "P&G won't rule out company breakup", Cincinnati.com, November 19, 2015, © Cincinnati.com
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