P&G Announces Intention to Exit the Battery Business


24 October 2014



In our quarterly earnings release issued earlier this morning, we announced our intention to exit of the Duracell Personal Power—or Battery—business, in order to maximize value to P&G’s shareholders. Although no decision has been made on the form of the exit, our current preference is a split-off of the Duracell business into a stand-alone company. This transaction will likely occur in the second half of calendar year 2015. Stassi Anastassov will take the role of the Chief Executive Officer for the new entity.







P&G Heritage

Google Translate

 

Family members for whom English is a second language can copy and paste site text for translation to their preferred language.

Benefits Help


Shareholder Services:
www.computershare.com/pg
1-800-742-6253 or 1-781-575-4399 (Outside U.S. & Canada)


U.S. Healthcare Benefits:
https://www.benefitsweb.com/pg.html
1-888-627-7472, select Option 1


Please see the Resources / Retirees page for additional information regarding benefits.


Site Help


For comments about this page or to share a story, please Email us


Disclaimer