Boardroom Soap Opera at P&G Hasn't Helped Shares

A.G. Lafley’s return to Procter & Gamble didn’t revive its fortunes as hoped It was the sort of advertising for Procter & Gamble that money can’t buy—and that it likely didn’t want. Back in January, New England Patriots quarterback Tom Brady denied knowledge of football tampering in front of an ad for P&G’s Gillette “Flexball” razor, turning the brand into an ironic Twitter meme. Further revelations this week have left his supporters feeling a lot like the fans of a tarnished corporate...
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