Procter & Gamble is reviewing its PR, marketing, and media requirements for its baby and feminine care segment, along with a number of its other businesses globally.
The CPG behemoth's baby-care brands include Pampers and Luvs; brands in its feminine care portfolio include Always and Tampax.
P&G’s newly minted director of external communications Damon Jones told PRWeek via email the company is taking a broad look at how it can best leverage agency partners to strengthen its brand-building efforts and drive greater reach, higher frequency, and greater effectiveness at less overall cost.
As part of this, he said P&G is "looking at different options for our baby and feminine care business globally."
Procter & Gamble's move comes after a company spokesperson told PRWeek in August it is slashing the number of agencies it works with globally in PR, advertising, and marketing by 40% to improve spending efficiency across the business.
In April, P&G CFO Jon Moeller said on an earnings call that cutting back on its agency roster could result in cost savings of up to $500 million.
Amid a reduction in its global brand portfolio, P&G also told PRWeek in September it had expanded its global communications team from two directors to five.
As part of the comms team restructure, Jones, who has worked at P&G for more than 18 years, took on his new position on August 1 after serving as Asia communications director in Singapore since 2012.
Jones succeeded Paul Fox, who moved to the newly created role of M&A communications director. Jamie Endaya, previously associate comms director for P&G Asia, took Jones’ former role.
Greg Icenhower transitioned from corporate communications director to executive comms director; and corp comms team member Patrick Blair became associate director of internal communications. P&G also appointed communications director for India, the Middle East, and Africa, Antonio Boadas, as director of global operations.
Jones, Blair, and Boadas – along with Fox and Icenhower, report to Craig Buchholz, VP of company communications. Meanwhile, Buchholz and Kelly Vanasse, who oversees global brand communications, both report to global brand officer Marc Pritchard.
All five comms directors are based in P&G’s Cincinnati, Ohio headquarters.
Another major change at the company occurred in July, when P&G agreed to sell 43 hair and beauty brands to Coty for $12.5 billion, a move Jones referred to in an interview at the time as the company’s "most significant business transformation." The brand cull was a part of P&G’s plan, announced in October 2014, to ax its 100 least profitable brands.
In September, Giovanni Ciserani became the group president of global fabric, home, baby, and feminine care. He was formerly the group president of global fabric and home care. Before he took on the position, Martin Riant, the global head of the paper products business, oversaw Pampers diapers, Always feminine care and Charmin toilet paper brands. Riant stepped aside on October 1 and retires in June, according to media reports.
No comments:
Post a Comment