New P&G Chairman to Speak about Values at Xavier

January 12, 2010


Bob McDonald, Procter & Gamble’s Chairman, President and Chief Executive Officer, will talk about values-based leadership on Feb. 2 at Xavier University.
McDonald will speak at noon at the Cintas Center. His address will be part of the annual Distinguished Speakers Series hosted by the Williams College of Business and sponsored by PNC Bank.
In July 2009, McDonald succeeded A.G. Lafley as Chief Executive Officer and President of the Cincinnati-based company. On Jan. 1, McDonald added the title of Chairman of the Board. His prior recent roles included Vice Chair of Global Operations and Chief Operating Officer.
McDonald joined P&G nearly 30 years ago partly because he admired its reputation for strong values. When he speaks to students, he urges them to develop a values system.
P&G’s value system is handed down from generation to generation of employees, instilling values based on leadership, ownership, integrity, trust and a passion for winning.
“I’ve been in nearly every country in which P&G operates and I can tell you there are a lot of people whose lives are not as fortunate as ours,” McDonald tells students. “What we try to do is to create products and services that help people have better lives, and we take that very, very seriously.”
McDonald is committed to building P&G by “touching and improving more consumers’ lives in more parts of the world…more completely” — a strategy that he expects will help P&G reach five billion consumers in the decade ahead, roughly double the number of consumers P&G was reaching a decade ago.
P & G’s values are consistent with those of the Williams College of Business. The college works to transform students into “successful, ethical business leaders who achieve their fullest potential for the betterment of themselves, their colleagues, and society.”
When the Distinguished Speakers Series began in 2006, Lafley was its first speaker. Other speakers have included James L. Wainscott, chairman, president and chief executive officer of AK Steel Corp.; Robert Castellini, chairman of the Castellini Co. and chief executive officer of the Cincinnati Reds; and Richard T. Farmer, founder and former chairman of the Cintas Corp.
The Distinguished Speakers Series, which is designed to educate, enlighten and inspire, brings top-level business, academic and political leaders to campus to talk about world issues, introduce new ideas, generate discussion and further the college’s educational mission. In addition, students, faculty, alumni and members of the business community have the opportunity to interact with the speakers.
Attendance by the public at McDonald’s speech is available only through table sponsorship. The proceeds will be used for student and faculty development. Xavier staff and faculty can attend for free but should register at Students can register at the kiosk on the second floor of Hailstones Hall. Registration deadline for everyone is Jan. 27.