P&G Board Members

Kenneth I. Chenault

Chairman and Chief Executive Officer of the American Express Company (financial services).

Appointed to the Board on April 21, 2008. Also a Director of International Business Machines

Corporation. Age 57. Member of the Audit and Compensation & Leadership Development

Committees.

Scott D. Cook

Chairman of the Executive Committee of the Board, Intuit Inc. (software and web services). Director

since 2000. Also a Director of eBay Inc. Age 56. Member of the Compensation & Leadership

Development and Innovation & Technology Committees.

Rajat K. Gupta

Senior Partner Emeritus at McKinsey & Company (international consulting). Director since 2007.

Also a Director of The Goldman Sachs Group, Inc. Genpact, Ltd. and American Airlines. Age 59.

Member of the Audit and Innovation & Technology Committees.

A.G. Lafley

Chairman of the Board and Chief Executive Officer of the Company. Director since 2000. Also a

Director of General Electric Company and Dell Inc. Age 61.

Charles R. Lee

Retired Chairman of the Board and Co-Chief Executive Officer of Verizon Communications Inc.

(telecommunication services). Director since 1994. Also a Director of The DIRECTV Group, Inc.,

Marathon Oil Corporation, United Technologies Corporation and US Steel Corporation. Age 68.

Chair of the Audit Committee and member of the Compensation & Leadership Development

Committee.

Lynn M. Martin

Former Professor at the J.L. Kellogg Graduate School of Management, Northwestern University and

former Chair of the Council for the Advancement of Women and Advisor to the firm of Deloitte &

Touche LLP for Deloitte’s internal human resources and minority advancement matters. Director

since 1994. Also a Director of AT&T Inc., Ryder System, Inc., Dreyfus Funds and Constellation

Energy Group, Inc. Age 68. Member of the Governance & Public Responsibility and Innovation &

Technology Committees.

W. James McNerney, Jr.

Chairman of the Board, President and Chief Executive Officer of The Boeing Company (aerospace,

commercial jetliners and military defense systems). Director since 2003. Age 59. Presiding Director,

Chair of the Compensation & Leadership Development Committee and member of the Governance

& Public Responsibility Committee.

Johnathan A. Rodgers

President and Chief Executive Officer of TV One, LLC (media and communications). Director since

2001. Also a Director of Nike, Inc. Age 62. Member of the Innovation & Technology Committee.

Ralph Snyderman, M.D.

Chancellor Emeritus, James B. Duke Professor of Medicine at Duke University. Director since 1995.

Also a Director of Targacept, Inc. and a Venture Partner of NEA. Age 68. Chair of the Innovation &

Technology Committee and member of the Audit Committee.

Margaret C. Whitman

Former President and Chief Executive Officer of eBay Inc. (global internet company that includes

online marketplaces, payments and communications). Director since 2003. Also a Director of eBay

Inc. and Dreamworks Animation SKG, Inc. Age 52. Chair of the Governance & Public Responsibility

Committee and member of the Compensation & Leadership Development Committee.

Patricia A. Woertz

Chairman, Chief Executive Officer and President of Archer Daniels Midland Company (agricultural

processors of oilseeds, corn, wheat, and cocoa). Appointed to the Board on January 8, 2008. Age

55. Member of the Audit and Governance & Public Responsibility Committees.

Ernesto Zedillo

Former President of Mexico, Director of the Center for the Study of Globalization and Professor in

the field of International Economics and Politics at Yale University. Director since 2001. Also a

Director of Alcoa Inc. and Electronic Data Systems Corporation. Age 56. Member of the

Governance & Public Responsibility and Innovation & Technology Committees.

The Board of Directors has four committees:

Audit Committee

Compensation & Leadership Development Committee

Governance & Public Responsibility Committee

Innovation & Technology Committee

CEO’s at P&G: Years CEO

Alan G. (A,G,) Lafley 2000 - current

Durk Jager 1999-2000

Resigned under pressure. The company acknowledged that it had tried to remake itself into a

more aggressive company too rapidly and that its core brands, which include Crest, Pringles

and Tide, had suffered as it focused on developing new products. The company also

announced it would suffer another disappointing quarter and its stock price fell to less than half

of what it was worth just four months before.

John Pepper 1995-1999

Spent his entire private sector career with P&G. Pepper prides himself on heightening P&G’s

commitment to customer satisfaction and to creating the “Organization 2005” initiative, which

was intended to promote “speed, risk-taking, and entrepreneurialism” within P&G.

Edwin Artzt 1990 – 1995

He undertook a major restructuring of the company, eliminating failing products, consolidating

production in fewer manufacturing plants, and cutting the number of employees. He also led

major international moves and acquired new product lines. Called the “Prince of Darkness”

because of all the cuts and changes.

John G. Smale 1981 – 1990

Known for his patient managerial style, Smale worked at Procter & Gamble for 38 years. Under

Smale's leadership as CEO, P&G's annual revenues grew 86 percent to $21.4 billion and profits

rose 80 percent to $1.2 billion. He expanded P&G’s international operations, and steered the

company into health care, cosmetics and soft drinks. Two years after retiring as Chairman of

P&G, Smale became Chairman of General Motors and was responsible for its turnaround in the

early 1990s. Quiet and self-effacing, Smale shunned publicity and kept a low profile. At P&G,

the brands were the stars.