|Day's Range||86.03 - 86.40|
|52 Week Range||79.85 - 92.00|
|PE Ratio (TTM)||15.85|
|Dividend & Yield||2.76 (3.20%)|
|1y Target Est||N/A|
UPDATE: To see how much of a pay bump P&G president will get as CEO of Ralph Lauren, click here . Patrice Louvet, who oversees brands such as Pantene and Head & Shoulders shampoo as Procter & Gamble Co.’s group president for Global Beauty, has been hired as CEO of Ralph Lauren Corp. Louvet, 52, plans to resign from the Cincinnati-based maker of consumer goods (PG) on June 30 and join New York-based Lauren (RL) as chief executive on July 17.
Patrice Louvet is among the most highly compensated executives at Procter & Gamble Co. as one of six group presidents, but he will get a hefty raise when he becomes chief executive officer of the Ralph Lauren Corp. fashion house. On May 15, Louvet, 52, the group president for Global Beauty since 2015, informed the Cincinnati-based maker of consumer goods such as Pantene shampoo (PG) that he intends to resign June 30 so he can join New York-based Lauren (RL) on July 17. Lauren Corp. revealed to the public on May 17 that Louvet had accepted the CEO job and will report directly to company founder and executive chairman, Ralph Lauren, 77.
Meg Whitman, who began her career at Procter & Gamble Co. and now is a member of its board, came in at No. 6 on this year’s Forbes magazine list of the richest self-made women in the nation. Whitman, 60, has a net worth of $2.5 billion, according to Forbes. Whitman is CEO of Hewlett Packard Enterprise in Palo Alto, Calif., but her fortune derives primarily from her work as chief executive officer of eBay from 1998 to 2008.