Rochester, New York 1/21/2010 7:30:00 AM
News / Business

P&G (NYSE: PG) Names Former FTC Chairwoman as Top Legal Counsel

Procter & Gamble (NYSE: PG) announced Wednesday that the company named a former Federal Trade Commission chairwoman as its chief legal officer, according to Associated Press.

 

P&G said Deborah Platt Majoras, who joined P&G two years ago, will succeed Steven Jemison on Feb. 1.

 

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P&G says Jemison, 58, will retire Sept. 30 after 29 years at the company.

 

Majoras, 46, has been with the consumer products company for two years and moves up from senior vice president and general counsel.

 

During Majoras' tenure at the FTC from 2004 to 2008, the agency approved P&G's $57 billion 2005 acquisition of Gillette.

 

P&G's chief legal officer handles litigation including patent and trade issues, regulatory compliance, and labor law.

 

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