The Procter & Gamble Company
Corporate Biographical Information
Established in 1837, The Procter & Gamble Company (NYSE:PG) began as a small, family operated soap and candle company in Cincinnati, Ohio, USA. From that modest beginning, P&G has grown into a global company that today markets more than 300 brands to nearly five billion consumers in over 160 countries with on-the-ground operations in more than 80 countries. In the fiscal year ending June 30, 2005, P&G had worldwide sales of over $56.7 billion.
The company`s strengths lie in its commitment to:
* Providing products of superior quality and value that improve the lives of the world`s consumers.
* Being a world leader in relevant scientific research and technology.
* Maintaining economic success based on P&G`s experience in managing the business with excellence and training, and developing people to build it.
Three billion times a day, P&G brands touch the lives of people around the world. P&G is a recognized global leader in the development, manufacture and marketing of some of the worlds most trusted, quality, leadership brands including Pampers®, Tide®, Ariel®, Always®, Whisper®, Pantene®, Mach3®, Bounty®, Dawn®, Pringles®, Folgers®, Charmin®, Downy®, Lenor®, Iams®, Crest®, Oral-B®, Actonel®, Duracell®, Olay®, Head & Shoulders®, Wella, Gillette®, and Braun.
Innovative research and development at P&G provides the superior products on which its commercial success is based. This involves creating new products and technologies such as Crest White Strips, Febreze and Swiffer, as well as the continuing improvement of existing products such as Crest toothpaste, Pantene hair care products, Gillette shaving products, and Tide laundry detergent. The company`s total expenditures for research and development for fiscal 2004/2005 was over $1.94 billion. P&G and its subsidiaries now have 21 R&D centers in nine countries, on four continents.
The P&G community consists of almost 140,000 employees. The company`s historic policy of promoting employees from within ensures that its managers fully understand P&G principles and have the experience to move the company ahead. This spirit of growth and leadership is recognized throughout the business world. For 2005, P&G ranked #5 on Fortunes Global Most Admired Companies, among the Top Ten for Fortunes Americas Most Admired, and industry peers voted P&G #1 in the Household & Personal Products category for 18 out of 19 years. Business Ethics Magazines 100 Best Corporate Citizens ranked P&G #8 for 2005, and noted P&G is one of only two companies that have ranked in the Top Ten all six years of the survey.
Introduced in 1887, P&G`s profit sharing program is the longest running in the US. Profit sharing is the percentage of profits awarded to employees as an incentive to improve productivity. Today, P&G`s employee benefits and family friendly policies are among the very best offered in American business. Working Mother magazine has ranked P&G among Top 100 companies that support working parents, 18 out of 20 years, and MONEY magazine ranked P&G in the Top 20 for best US benefits in their latest survey.
The employees at P&G have a tradition of volunteering their time and energies to help make the communities in which they work better places to live. P&G workers are committed to being both good neighbors and strong business partners around the world.
P&G`s corporate tradition is rooted in the principles of personal integrity, doing what is right for the long-term, respect for the individual, and being the best at what it does. For more information about P&G, please visit our website at http://www.pg.com.