After Steadying Ship, A.G. Lafley Steps Down At Procter & Gamble

A.G. Lafley will step down as CEO of Procter & Gamble this fall after a brief two-year return stint with the consumer products giant, which was marked by a streamlining of strategy and a divestiture of scores of non-core consumer brands. David S. Taylor, a veteran of P&G's global beauty business, will succeed Lafley on November 1, the company said on Tuesday evening.