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Encyclopedia > Procter and Gamble
Procter & Gamble Co
P&G logo
Type Public
Slogan
Founded
Location Cincinnati, Ohio
Key people Alan Lafley, CEO & Director
Employees 110,000
Products Consumer Goods and Products
Web site www.pg.com


Procter & Gamble Co. (P&G) (NYSE: PG (http://www.nyse.com/about/listed/lcddata.html?ticker=PG)) is a global $50 billion (sales per year) consumer goods corporation based in Cincinnati, Ohio that manufactures a wide range of consumer products. The company has approximately 106,000 employees.

Contents

Operations

Effective July 1, 2004, the company's operations are:

  • Health, baby, and family care
  • Household care
  • Beauty care
  • Global operations

Brands

see also List of assets owned by Procter & Gamble

Thirteen of P&G's brands have more than a billion dollars in sales: Pampers, Tide, Ariel, Always, Pantene, Charmin, Bounty, Iams, Crest, Folgers, Pringles, Head & Shoulders, Febreze and Downy. Other well known P&G brands include Oil of Olay, Max Factor, Bold, Daz, Flash, Hugo Boss, Fairy, Wella and Lacoste. In January 2005 P&G proposed a merger with Gillette to form the largest consumer goods company, displacing the Anglo-Dutch Unilever into second place. This would add brands such as Gillette razors, Duracell and Braun Oral-B to their stable.


Ethics

To be included.


Crisco

When William Procter and James Gamble started the company Procter & Gamble, they hired chemist E.C. Kayser and developed the process to hydrogenate cottonseed oil. The initial purpose was to make a cheaper substance to make candles than the expensive animal fats in use at the time. Electricity began to diminish the candle market, and since the product looked like lard, they began selling it as a food. This product became known as Crisco. Further success came from the marketing technique of giving away free cookbooks with every recipe calling for Crisco.


Financials

Financial information for the prior organization of the company follows:

  Net sales (US$M) Net income (US$M)
  2002 2001 2002 2001
Baby, Feminine and Family Care 11,877 11,991 1,170 1,052
Beauty Care 8,079 7,257 1,177 967
Fabric and Home Care 11,618 11,660 1,831 1,643
Health Care 4,979 4,353 521 390
Food & Beverage 3,801 4,139 384 332
Corporate (116) (156) (1,462) (570)
Total (US$M) 40,238 39,244 4,352 2,922



Television

Logo controversy

Former P&G logo

The company received unwanted media publicity in the 1980s when an unfounded rumor spread that their previous corporate logo was a satanic symbol. The accusation is apparently based on a particular passage in the Bible, specifically Revelation 12:1, which states: "And there appeared a great wonder in heaven; a woman clothed with the sun, and the moon under her feet, and upon her head a crown of twelve stars." Since P&G's logo consists of a man's face on a moon surrounded by 13 stars, some have claimed that the logo is a mockery of the heavenly symbol alluded to in the aforementioned Biblical verse, and hence the logo is satanic. But the charge has been denied by company officials, and no evidence linking the company to the Church of Satan or any other occult organization has ever been presented.


External links

Criticism


  Results from FactBites:
 
Urban Legends Reference Pages: Business (Trademark of the Devil) (1330 words)
The president of Procter & Gamble announced on a popular talk show that he donates a portion of the company's profits to the Church of Satan.
Rumor has it that the president of Procter and Gamble appeared on your show and said that he was associated with the Church of Satan.
The rumor going around that the president of Procter and Gamble appeared on The Sally Show and announced he was a member of the church of Satan is not true.
Procter & Gamble: Information from Answers.com (2844 words)
Procter and Gamble Co. (PandG, NYSE: PG) is an American global corporation based in Cincinnati, Ohio that manufactures a wide range of consumer goods.
On October 31, 1837, as a result of Alexander Norris' suggestion, a new enterprise was born: Procter and Gamble.
Procter and Gamble also was the first company to produce and sponsor a prime-time show, Shirley, starring Shirley Jones, in 1979; it lasted 13 episodes.
  More results at FactBites »


 

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