A recent article in Advertising Age talks about the departure of several X-Gillette Executives who were thought to have made the transition from Gillette to P&G.
“Set to retire before yearend are Bruce Cleverly, 62, who headed the companies’ combined oral-care businesses but has been on special assignment reporting to Chairman-CEO A.G. Lafley since this winter; Mark Leckie, 53, who heads the Gillette, Duracell and Braun businesses; and Mary Ann Pesce, 52, who heads the companies’ combined deodorant and personal-wash businesses. Mr. Leckie did not return calls, Mr. Cleverly declined to comment and Ms. Pesce couldn’t be reached. “
You would assume that these individuals will retire before Oct 1, 2007 to cash in on the outrageous severance payout.
You can read the full article here. If you would like to know what happened to the Gillette Management team click here.
Update: apparently all true, P&G made the following announcements.
Mark M. Leckie (53), currently group president – Gillette global business unit, will retire September 1, 2007
Bruce Cleverly (62), currently president on special assignment, will retire September 12, 2007 after 32 years of service.
Mary Ann Pesce (55), currently president – deodorants/male personal care and personal cleansing, will retire September 1, 2007, after 26 years of service.


