P&G Looks for Steve Jobs-Like Sequel by Recalling Ex-CEO
James Post, School of Management
Procter & Gamble Co. (PG)’s move this week to hire back A.G. Lafley as its chief executive officer recalls the successful returns of former leaders from Steve Jobs to Starbucks Corp. (SBUX)’s Howard Schultz.
“They are coming in to repair damage done to the company. They can more quickly assure people inside the company and placate unhappy investors outside.”