9 April 2010 0 Comments

P&G’s Lafley Joins Private-Equity Firm Clayton, Dubilier & Rice

宝洁前CEO雷富礼投奔私募 P&G’s Lafley Joins Private-Equity Firm Clayton, Dubilier & Rice

洁公司(Procter & Gamble Co.)前首席执行长雷富礼(A.G. Lafley)已经找到新工作。

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宝洁公司前首席执行长雷富礼

宝洁是世界上最大的消费品企业。雷富礼在宝洁工作了33年后,已于今年二月份退休。他将在私募股权投资公司Clayton, Dubilier & Rice Inc.担任新职,成为“特别合伙人”,为该公司及其旗下公司就产品创新、全球扩张等管理问题提供咨询。
雷富礼现年62岁,因在宝洁的多宗并购交易而闻名。他说,我想和我真正喜欢的人一起做我真正喜欢做的事;在宝洁33年的职业生涯中,我做的是创造和改造企业,我觉得私募所做的正是这种事。
对于Clayton Dubilier来讲,请进雷富礼是一个很大的人事变动。该公司位于纽约,是私募中的先锋,在汽车租赁公司赫兹(Hertz Corp.)和商业清洁公司庄臣泰华施(Diversey Inc.)等公司中持有股份。Clayton Dubilier是最早标榜运营实力的收购型私募基金之一,它招进了一批明星CEO,比如通用电气(General Electric Co.)前CEO韦尔奇(John F. Welch Jr.),以及保险公司好事达(Allstate Corp.)前CEO李迪(Edward Liddy)。李迪还曾被政府指派担任保险公司美国国际集团(American International Group)的CEO。

在艰难的经济环境中,企业实现增长并不容易。为此,私募公司都在延聘经验丰富的经理人来帮它们管理公司。凯雷投资集团(Carlyle Group)预计将于周四宣布,制药公司、现归属于辉瑞(Pfizer Inc.)的惠氏(Wyeth)前CEO艾斯纳(Robert Essner)将会加入该公司担任高级顾问。CCMP Capital已聘请颇受尊敬、曾在汉堡王(Burger King Corp.)等公司担任CEO的布伦尼曼(Greg Brenneman)为董事长。
去年七月,雷富礼卸任宝洁首席执行长,并保留董事长职位一直到今年一月一日。两个职位都由长期在宝洁任职的经理人、雷富礼的亲密同事麦睿博(Robert McDonald)继任。
雷富礼在宝洁的传奇职业生涯始于1977年,当时他是“Joy”厨房洗涤剂的品牌助理。在接下来的20年里,他升任首席执行长,掌权九年期间做了很多并购交易。在2005年斥资570亿美元收购吉列(Gillette)而轰动一时之前,雷富礼已经做过宝洁历史上规模最大的几笔交易。
为让宝洁进入增长更迅速、利润率更高的美容产品市场,雷富礼于2001年作价近50亿美元收购了伊卡璐(Clairol),两年后又以超出60亿美元的价格收购了威娜(Wella)。与此同时,他卖掉了宝洁增长缓慢的食品类业务部门,包括Jif花生酱,Sunny Delight澄汁和Folgers咖啡。在雷富礼领导下,宝洁的销售收入达到了2001年的两倍多,利润为当年的五倍多。
雷富礼刚刚在新西兰进行了为期五周的徒步旅行。他将发表演说,目前正在撰写一本关于管理的书。他计划继续担任通用电气董事和母校汉密尔顿学院(Hamilton College)校董会主席。

Former Procter & Gamble Co. (PG) Chief Executive A.G. Lafley has landed a new job.
Mr. Lafley, who retired from the world’s largest consumer-products company in February after a 33-year career, is taking a new role at private-equity firm Clayton, Dubilier & Rice Inc.

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He will serve as a ‘special partner,’ advising the firm and its companies on management issues ranging from product innovation to global expansion.
‘I want to do things I really enjoy with people I really like,’ said the 62-year-old Mr. Lafley, who was known at P&G for his prolific deal making. ‘For 33 years at P&G, I spent my career forming and fixing businesses and I think that private equity does just that.’

A.G. Lafley displays the program at the start of Procter & Gamble Co.'s 2008 annual shareholders meeting in Cincinnati. Lafley, now retired from P&G, has taken a job with a private equity firm.

A.G. Lafley displays the program at the start of Procter & Gamble Co.'s 2008 annual shareholders meeting in Cincinnati. Lafley, now retired from P&G, has taken a job with a private equity firm.

The hire is a coup for New York-based Clayton Dubilier, a pioneering private-equity firm with stakes in companies including rental-car brand Hertz Corp. and commercial-cleaning company Diversey Inc. Among the first buyout shops to tout its capabilities in operating businesses, Clayton Dubilier has a stable of brand-name chief executives on its payroll such as John F. Welch Jr., the former General Electric Co. (GE) CEO, and Edward Liddy, the ex-CEO of insurer Allstate Corp. (ALL) who also served a stint as the government-appointed CEO of insurer American International Group. (AIG).
Private-equity firms are loading up on seasoned executives as they look for help managing their companies in a difficult economic environment that hinders growth. Carlyle Group is expected to announce Thursday that Robert Essner, the former CEO of pharmaceutical company Wyeth, now part of Pfizer Inc. (PFE), will join the firm as a senior advisor. CCMP Capital has brought on as its chairman Greg Brenneman, a highly regarded CEO at several companies including Burger King Corp.
Mr. Lafley stepped down as P&G’s chief executive last July and remained as chairman until Jan. 1. Longtime P&G executive Robert McDonald, a close colleague of Mr. Lafley’s, succeeded him in both posts.
Mr. Lafley’s storied P&G career began in 1977 when he started there as a brand assistant for Joy dishwashing liquid. In the two decades that followed, he ascended to the chief executive post where his nine-year tenure was marked by prolific deal making. Even before his blockbuster $57 billion purchase of Gillette in 2005, Mr. Lafley already had inked the biggest deals in P&G history.
Trying to steer P&G into faster-growing, higher-margin beauty products, Mr. Lafley purchased Clairol in 2001 for nearly $5 billion and Wella two years later for more than $6 billion. Meanwhile, he sold off P&G’s slow-growing food businesses, including Jif peanut butter, Sunny Delight orange drink and Folgers coffee. Under Mr. Lafley’s leadership, P&G sales more than doubled, while profit quintupled since 2001
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Mr. Lafley, who just returned from a five-week trek in New Zealand, also will be giving speeches and is writing a book about management. He plans to continue serving as a director for GE and chairman of the board of trustees for Hamilton College, Mr. Lafley’s alma mater.

Author: Peter Lattman / Ellen Byron, 2010年 04月 08日 15:29