P&G Global Marketing Chief Wants to Purse a ‘Personal Passion’
P&G Global Marketing Chief Stengel to Step Down Wants to Purse a ‘Personal Passion’; Will Be Replaced by Marc Pritchard
“Jim feels very passionately that everything he has set out to achieve as global marketing officer he has now achieved,” a P&G spokesman said by way of explaining his departure. “One is his focus on reinvigorating our marketing function, and [another goal has been] strengthening P&G’s capabilities as one of the world’s leading brand builders. He feels he’s now achieved those goals.
“One personal goal that he’s yet to achieve, that he now wants to focus all his personal efforts against, is he has a very personal passion to influence all marketers to embrace the power of marketing as a positive force in the world. He now wants to focus 100% on that, and feels the time is right to do that.”