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P&G Board Members Are Said to Discuss Need to Replace CEO -Bloomberg

Some board members at Procter & Gamble Co. (PG), unhappy with chief executive Robert McDonald's performance, are considering having him replaced, Bloomberg News reported Thursday citing people familiar with the situation. The directors are discussing approaching former executives on taking the job, one of the people told Bloomberg. Board member James McNerney, who is also chief executive at Boeing Co. (BA), has told other members he is dissatisfied with McDonald's performance, especially after the company thrice cut forecasts this year, Bloomberg reported another person as saying. A spokesman for P&G declined to comment, while McNerney wasn't immediately available for comment through his spokesman, Bloomberg said. Full story at http://www.bloomberg.com/news/2012-07-12/p-g-board-members-said-to-discuss-need-to-replace-ceo-mcdonald.html Write to nymonitoring@dowjones.com

Stock News for Boeing (BA)
DateTimeHeadline
11/27/201406:39:11Air India is Reconsidering Plan to Sell Long-Range Jets
11/25/201415:59:45Correction to La Compagnie Fares Story
11/25/201415:55:33La Compagnie Will Add NY-London to its NY-Paris Offering in March
11/23/201421:40:12Drone Flights Face FAA Hit
11/20/201409:27:07U.S. Stock Futures Fall After Gloomy Data
11/19/201411:31:25Europeans Commit to EUR1 Billion Eurofighter Upgrade -- Update
11/19/201409:22:20BAE Signs New Eurofighter Radar Contract
11/19/201400:40:06S.F. Express Plans to Boost Freighter Jet Fleet to 100 by 2018...
11/14/201411:34:23U.S. Defends Marshals in Wake of Secret Cellphone Spying Report--Update
11/12/201423:10:42Midair Collision Hazards Cited as Significant Safety Issue in...
11/10/201403:50:15SMBC Buys Aircraft From Boeing
11/07/201401:30:18Singapore Airlines Plans to Spend Over $14 Billion
11/07/201401:00:27Singapore Airlines Plans to Spend Over US$14 Billion Over Next...
11/06/201410:53:48Dutch Investigators to Recover Parts of Malaysia Airlines Crashed...
11/05/201411:15:59Virgin Atlantic CEO Sees 747 Replacement Choice in 5-9 Months--Update
11/05/201408:07:12Virgin Atlantic CEO Sees 747 Replacement Choice in 5-9 Months
11/01/201420:39:42U.S. Economy Grew Strongly in Third Quarter
10/24/201418:52:34Monarch Airlines Sold to Greybull Capital
10/23/201401:30:42Safran Revenue Rises on Sustained Demand for Jet Engines
10/22/201416:54:22MARKET SNAPSHOT: U.S. Stocks Wither; S&P 500 Ends 4-day Win Steak

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