New P&G CEO,AG Lafley, to get base salary of $2 million

Lafley, who was CEO 2000 to 2009,replaced his successor, Bob McDonald, and was also named chairman and president.

New P&G CEO,AG Lafley, to get base salary of $2 million
Procter & Gamble Co will pay AG Lafley, the former chief executive it brought back on May 23 to run the world's largest household products maker, a base salary of $2 million a year, it said in a regulatory filing on May 24.

Lafley, who was CEO 2000 to 2009,replaced his successor, Bob McDonald, and was also named chairman and president. Lafley's base salary in 2009 was $1.8 million.

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Business News › News › International › New P&G CEO,AG Lafley, to get base salary of $2 million
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