Consumer goods manufacturing giant Procter & Gamble Philippines, maker of household-name brands such as Safeguard, Downy, Pampers, Pantene and Olay, announced Tuesday a change in management roles aimed at further sustaining the growth of its business in the Philippines.
Turkish national Mr. Siddik Tetik formally assumed the role of President and General Manager of the P&G Philippines operations starting July 2009. Mr. Tetik will succeed the company’s chief of three years, American Mr. James M. Lafferty.
With the change in leadership, Lafferty says the company is poised to take on more challenges ahead and is geared to become a stronger player in the market. “We have been operating in this market for close to 75 years – and our brands continue to occupy leadership positions in the market. Mr. Tetik is a seasoned P&G leader, who is coming from his role as leader of our Gillette business in GreaterChina. He has vast experience in developing markets across the world, and he is the perfect fit to succeed me to take the P&G Philippines business to the next level,” adds Lafferty.
Lafferty will remain in the company for the next six months to ensure a smooth and effective transition within P&G Philippines, after which he will retire to pursue other interests. A formal hand-over ceremony will be made in January 2010.
Siddik Tetik meanwhile says he is thankful for the new role that has been assigned to him and is prepared to lead the Philippines operations.
(Manila Bulletin: http://www.mb.com.ph/articles/215408/pg-philippines-appoints-new-country-presidentgm )
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