BusinessWeek, 10 May 2012
Procter & Gamble Co. said Thursday that beauty executive Virginia Drosos will leave the company Sept. 1 and several key beauty categories will move their headquarters to Singapore.
P&G, which makes Olay skin cream and Tide laundry detergent, also said it is moving its skincare, cosmetics and personal care corporate headquarters from its main office in Cincinnati to Singapore over the next two years. No jobs are being cut. The move will affect about 20 people. Full story