RETIRED HOME DEPOT CEO AND CHAIRMAN JOINS P&G BOARD OF DIRECTORS
Francis Blake, 65, joins the Proctor & Gamble Co. board of directors, effective immediately. This announcement comes just a few days after his retirement as chairman of Home Depot. He stepped down from the CEO position in November.
Blake’s extensive retail experience joins Macy’s Inc. CEO Terry Lundgren on the board.
Prior to Home Depot, Blake was general counsel for the US Environmental Protection Agency and deputy counsel to Vice President George H.W. Bush.
"Frank is one of the most respected business leaders in America today. His vision, strategy and focus on execution led Home Depot to strong and sustained business growth," said P&G CEO A.G. Lafley said. "We will deeply benefit from his management expertise and retail experience."
Blake also serves on the board of directors of Delta Airlines and the Georgia Aquarium.
Resource: Retailing Today