Edwin Artzt, Procter & Gamble CEO in 1990s Overhaul, Dies at 92
- The company’s earnings more than doubled during his tenure
- Ivory soap, Tide detergent, Crest toothpaste in P&G stable
Edwin L. Artzt
Source: Procter & GambleThis article is for subscribers only.
Edwin Artzt, who as chief executive officer of Procter & Gamble Co. doubled profit during the 1990s while eliminating unprofitable brands, closing factories and expanding business overseas, has died. He was 92.
He died on April 6, Procter & Gamble said on its website, without giving details. Artzt “had the foresight and competitive spirit to position P&G for success, and he led with conviction and courage,” current CEO Jon Moeller said in a statement.