Panayotopoulos to leave P&G

Dimitri Panayotopoulos, Vice Chairman and Advisor to the Chairman and Chief Executive Officer at FMCG giant Procter & Gamble (P&G) has announced he is to retire from his post on 2 January 2014. Panayotopoulos is to leave the company after 37 years service, after first joining P&G in 1977.

During his time at the company, Panayotopoulos has held sales and general management roles across Europe, the Middle East, Africa and Asia. He was later appointed Vice Chair - Global Business Units across all P&G brands before being named advisor to the CEO from July this year.

"We appreciate Dimitris considerable contributions over his long and successful career, building leading positions for the Company in Egypt and then the Middle East, China, Central and Eastern Europe, and Africa, " said A.G. Lafley, P&G Chairman of the Board, President and Chief Executive Officer. "He concluded his distinguished career by leading our global business units through challenging times."

Meanwhile, P&G also announced that Bruce Brown, Chief Technology Officer, will retire on 31 August, 2014, after more than 34 years of service. Kathleen B. Fish, currently Vice President - Research & Development, Global Fabric Care, has been elected Chief Technology Officer, succeeding Brown from 1 February.

Finally, Robert L. Fregolle Jr., Global Customer Business Development Officer, will retire on 30 June 2014. Carolyn M. Tastad, currently Vice President - Global Market Strategy & Planning and One Go-to-Market Optimisation, has been elected as his successor.