Jan 25, 2024 By Triston Martin
With many of the most well-known and well-known brands, including Crest, Pampers, Dawn, and Charmin, within its diverse range of brands, Procter & Gamble (PG) is a major supplier to over five billion customers around the globe. The company is headquartered in Cincinnati, Ohio, with operations across 180 countries; P&G is also the world's biggest advertiser.
The biggest shareholders of P&G stock are Vanguard and BlackRock. Both of them have large stakes for their customers. However, among the private shareholders, the top list of P&G shareholders includes many of the board and executive members who have contributed to building the company over the past few years. The information and figures presented are accurate according to last year's proxy declaration filed by the company to the SEC in August. 28, 2020.
The largest individual shareholder of P&G, with more than 12 million common shares. Taylor was named the 3rd CEO of P&G on November 1st, 2015, and was appointed to its board of directors on July 1st, 2016. The company is widely regarded as a dark horse to assume the company's leadership following A.G. Lafley's departure; Taylor was the obvious frontrunner following his appointment to the reigns of the world's beauty division at the beginning of the year.
Taylor's distinctive path to CEO began in 1980 following getting an education 1980 from Duke University in electrical engineering. He started as an engineer and then worked in higher positions, holding several senior executive positions within the company. In 2021 the company revealed that Taylor would retire as CEO and president to become Executive Chairman on November 1st, 2021.
Jon R. Moeller is P&G's latest CEO and President, beginning on November 1st, 2021. Moeller began his career at P&G when he was a senior cost analyst in 1988 and was appointed CFO at the end of 2009. He also was the COO and the company's vice chair before taking over from David Taylor as President and CEO. Moeller was employed in all aspects of P&G with extensive knowledge of the China market and the global beauty division. He was responsible for the sale of Folgers, the company's pharmaceutical business, and the $12.5 billion merger with Coty (COTY). Currently, he holds 748,113 shares of common P&G stock and 62,162 shares of restricted shares.
P&G's Health Care division, which has a portfolio worth billions of dollars of goods marketed under popular names, is led by Steven Bishop. Before beginning his current role in 2019, he served as the Group President of P&G's Global Oral Care and Global Feminine and Family Care units. He anticipates leaving the workforce in 2022. In addition to the 41,807 shares of restricted stock, Bishop, CEO of Health Care, is the owner of 599,891 units of P&G common stock.
In 1986, Ferguson-McHugh enlisted with P&G and was named the CEO of Family Care and P&G Ventures. In addition to her family and personal holdings, she has 403,103 shares of common stock in the company and 64,630 of the company's restricted shares.
Listed as one of Fortune's top women on the list for four years, starting in 2015 and continuing through 2018. Tastad has 241,021 shares in PG ordinary stock in addition to 51,007 shares that are restricted.
They typically gauge themselves against a benchmark when they report to their investors, which is why they tend to increase their enthusiasm for investment once it's part of a large index. We'd expect all firms to have some institutions on their register, particularly in the case of growth.
Procter & Gamble already has institutions listed on the shares registry. They also have an impressive stake in the business. This indicates that the company can demonstrate respectability in the investment world. However, it is important to be cautious about being a believer in institutional investors' credibility. They also get it wrong from time to time. If several institutions alter their views on a company simultaneously and the price of the shares falls rapidly. Therefore, it is worth looking over Procter & Gamble's history of earnings below. Of course, the future is the only important thing.
Since institutional investors hold more than half of the issued shares, the board will be required to take note of their interests. We know that hedge funds do not have an investment of any significance in Procter & Gamble. It is worth noting that Vanguard Group, Inc. is the largest shareholder, holding 8.8 percent of shares outstanding. BlackRock, Inc. is the second largest shareholder, with 6.4 percent of the company's common stock. State Street Global Advisors, Inc. is the third largest shareholder, holding around 4.3 percent of the company's shares.
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