Consumer Affairs & Relations

The new facility, which will employ approximately 180 people, will serve as a national production and distribution center for Muller yogurt, which launched in select regional markets in 2012.

Lawrence Kurzius will also have the responsibility for several of the company's corporate functions, including IT, Supply Chain, R&D and Quality Assurance.

The appointment comes at a time when PepsiCo's underperforming beverage unit has been under scrutiny, with Wall Street chattering about the possibility of a spinoff of the unit to focus on its faster-growing snacks.

CGT presents the new class of Visionaries 11 consumer goods leaders who are shaping the future of their companies with unprecedented business and technology initiatives. Ranging from senior executives at major firms to pioneers at innovative mid-market companies, the 2013 Visionaries share inside details on how they are collaboratively bringing big picture ideas to life.

The combined company is expected to have greater access to the large and growing Chinese market and retain world-leading food safety and quality control standards.

Lafley succeeds Robert A. Bob McDonald, who is retiring from the company on June 30, 2013, after 33 years of service.

In response on May 21, 2013, CAO Group, Inc. refuted lawsuit claims by P&G and affirmed that the advanced technology applied to its treatment film products is its own intellectual property.

P. Kasper Jakobsen succeeds Stephen W. Golsby, who had previously announced his retirement.