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Grocery Manufacturers Association Recognizes Former Procter & Gamble Executive A.G. Lafley with Hall of Achievement Award

GMA Press Contact

Ginny Smith

office: 202-639-5900

COLORADO SPRINGS, CO – The Grocery Manufacturers Association (GMA) last night presented former Procter & Gamble Company Chairman, President and CEO A.G. Lafley with its 2010 Hall of Achievement Award before more than 700 industry leaders at the opening session of its annual Executive Conference. The Hall of Achievement Award represents the highest honor given by the more than 100 year-old association.

“When you talk about the leaders who have had the most significant impact on the consumer packaged goods industry over the past several decades, A.G. Lafley is at the top of everyone’s list,” said Pamela G. Bailey, president and CEO of GMA. “He has shown a life-long commitment to our industry and his record of achievement as a business man and as a community leader is both remarkable and inspiring. It is with great pleasure that we recognize his many contributions with this award.”

A.G. Lafley retired from Procter & Gamble in February 2010 after 32 years of distinguished service. He became president and CEO of the company in 2000 and was elected chairman of the board in 2002. Lafley’s focus on consumer-driven innovation and consistent, sustainable growth helped more than double P&G sales and grow the portfolio of billion-dollar brands from 10 to 22 during his leadership tenure. He also managed the largest acquisition in company history with the 2005 purchase of The Gillette Company for $54 billion. At the time of his retirement, P&G was one of the five most valuable companies in the U.S.

Mr. Lafley served on the GMA Board of Directors from 2000 – 2009. He is widely recognized as a champion of inter-industry collaboration through such initiatives as New Ways of Working Together and his efforts to establish the Global Consumer Goods Forum. He is a member of the board of directors of the General Electric Company and also serves as chairman of the board of trustees of his alma mater, Hamilton College. He is the author of numerous journal articles and co-author of the highly-acclaimed 2008 book The Game-Changer: How You Can Drive Revenue and Profit Growth with Innovation.

Active in his community, Lafley has supported various Cincinnati fine arts groups, the United Way of Greater Cincinnati, the United Negro College Fund and a multitude of other organizations.

Lafley is a veteran of the U.S. Navy, where he first gained managerial and supply chain experience running retail store operations for Navy and Marine families in Japan. He holds an M.B.A. from Harvard Business School.

The GMA Hall of Achievement Award honors the extraordinary service and contributions of the consumer packaged goods industry’s most distinguished leaders. Now in its 26th year, past recipients include Jeffrey Noddle of SUPERVALU INC., Robert Rich of Rich Products Corporation, Stephen Sanger of General Mills, Inc., Jim Kilts of The Gillette Company and Joseph Pichler of The Kroger Co.