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A.G. Lafley to be Honored with GMA Hall of Achievement Award at 2010 Executive Conference

WASHINGTON, D.C. - Grocery Manufacturers Association (GMA) President and CEO Pamela G. Bailey today announced that retired Chairman of the Board, President and CEO of The Procter & Gamble Company A.G. Lafley has been selected to receive the GMA 2010 Hall of Achievement Award.

”The Hall of Achievement Award was established to recognize those individuals who have demonstrated life-long commitment to, and achievement within, the consumer packaged goods industry,” said Bailey. “If anyone is deserving of such an honor, it is A.G. Lafley. His contributions to our industry and the American business community at large are great and many. We look forward to presenting him with this award, GMA’s highest honor, at the Executive Conference in August.”

A.G. Lafley retired from Procter & Gamble (P&G) 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 24 during his leadership tenure. 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 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. Past board memberships include Dell, Inc. and General Motors Corporation. 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, and holds an M.B.A. from Harvard Business School.