P&G welcomes Craig Arnold to its Board of Directors
Arnold’s addition to the board reflects P&G’s ongoing efforts to strengthen governance and strategic direction.
USA – Procter & Gamble (P&G) has appointed Craig Arnold to its Board of Directors, effective June 9, 2025.
Arnold’s addition to the board reflects P&G’s ongoing efforts to strengthen governance and strategic direction, ensuring continued innovation and operational excellence in the evolving consumer landscape.
Arnold, the former Chairman and CEO of Eaton Corporation, brings extensive leadership experience in power infrastructure, technology, and global business operations.
During his tenure at Eaton, Arnold spearheaded transformative changes, integrating renewable energy solutions and digital technologies into the company’s portfolio, driving significant revenue growth and sustainability initiatives.
Jon Moeller, P&G’s Chairman of the Board, President, and Chief Executive Officer, stated, “Craig’s depth of global experience, expertise managing diversified portfolios, and proven track record in innovation management and operational excellence will contribute valuable perspective to our efforts to serve consumers and customers better and grow markets.”
Arnold’s career began at General Electric, where he held roles across Appliances, Plastics, and Lighting, managing international responsibilities across Asia, Europe, the Middle East, and North America.
Currently, Arnold serves as the lead independent board director for Medtronic, Inc.. He is actively involved in community initiatives through the United Way of Greater Cleveland and the Salvation Army of Greater Cleveland.
P&G Q3 FY25 financial highlight
Recently, P&G reported net sales of USD 19.8 billion, reflecting a 2% decrease in sales compared to the previous year’s performance.
Diluted and core net earnings per share were USD 1.54, each an increase of 1% versus the prior year.
Operating cash flow was USD 3.7 billion, and net earnings were USD 3.8 billion for the quarter. Adjusted free cash flow productivity was 75%.
Beauty segment organic sales rose by 2%, with gains in Personal Care and pricing offsets in Hair and Skin Care, while Skin Care saw slight declines due to lower volumes and geographic mix.
Grooming segment organic sales saw a 3% rise, driven by volume growth and higher pricing in Latin America, Europe, and North America.
Organic sales for Baby, Feminine, and Family Care segments fell 1% year-over-year, with declines driven by volume and product mix challenges across categories.
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