Procter & Gamble announced on Monday the appointment of Craig Arnold to its board of directors, effective June 9.

A former chairman and chief executive officer of Eaton Corporation, Arnold led the company from 2016 to May 2025, incorporating renewable energy solutions and digital technologies into Eaton’s portfolio, as well as driving significant revenue and margin expansion.

Prior to being CEO, he served as the company’s president and chief operating officer, overseeing strategy and operation, and from 2009 to 2015, he served as vice chairman and chief operating officer of Eaton’s Industrial Sector.

Arnold began his career at General Electric, where he held roles across the appliances, plastics and lighting businesses, and in territories such as Asia, Europe, the Middle East and North America.

In addition to P&G, ​Arnold currently serves as the lead independent board director for Medtronic, and is on the board of the United Way of Greater Cleveland and the Salvation Army of Greater Cleveland.

“Craig’s depth of global experience, expertise managing diversified portfolios, and proven track record in innovation management and operational excellence will contribute valuable perspective to our efforts to better serve consumers and customers and grow markets,” said Jon Moeller, P&G’s chairman of the board, president, and chief executive officer.

​Earlier this mont, the U.S. consumer goods giant said it plans to cut 7,000 jobs over the next two years, as it battles an uncertain spending environment, hurt in part by U.S. tariffs.

The company said it also plans to exit some product categories and brands in certain markets, including some potential divestitures, as part of the broader two-year restructuring plan.

Author Credits- Benjamin Fitzgerald
FASHION NETWORK