This is just a short post to pass on the news that Jim Stengel (P&G’s Global Marketing Officer) will be retiring from P&G. This is news just hot off the press…click here for the brief update from CBS Marketwatch. I have posted the text below…
“Jim Stengel has reinvigorated P&G’s marketing function and strengthened P&G’s capability as one of the world’s leading brand builders,” said A.G. Lafley, P&G’s chairman of the board and chief executive officer. “Jim has helped change the way P&G markets our brands by challenging traditional marketing models and setting new standards for P&G marketing rooted in deep consumer understanding.”
As P&G’s top marketing chief, Jim lasted a long time (7 years). As I noted in a previous post, it is rare to see Chief Marketing Officers make it much past 2 years…so from a longevity perspective, he was very successful!
From what I could see (at my level) Jim was a strong leader and an outspoken proponent of marketing change within P&G…I am sure he will sorely be missed by the org. Hopefully one day Jim will tell us more about what it was like “at the top”…indeed, it would be great to see Jim get some of his thoughts (post P&G) into the blogosphere.
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2 Comments
As a CMO, Jim was a giant. He’ll be sorely missed.
I think the announcement of Jim’s departure was a big surprise to many people, coming so soon after the recognition he received at Cannes, where P&G was named Advertiser of the Year. As inspiring as Jim has been to the P&G organization and its agencies over the past 7 years, his future plans are equally inspiring. Jim really believes that the role of corporations is ultimately to make the world a better place — a vision he shares with Saatchi & Saatchi CEO Kevin Roberts. And he sees an opportunity, as well as a responsibility, during the next stage of his career, to help companies achieve that vision. How lucky for all of is. I wish him all the best.