P&G announces retirement of global customer business development officer

CINCINNATI Procter & Gamble announced on Thursday that Mariano Martin, global customer business development officer, will retire from the company after 33 years of service.

Martin's retirement will be effective June 30, but he will step down from his current role on Feb. 1 to work closely with his successor to ensure a smooth transition.

Succeeding Martin is Robert Fregolle Jr., current VP customer business development for P&G Asia, effective Feb. 1. In his new role as global customer business development officer, Fregolle will report to Werner Geissler, vice chairman of global operations.

"Mariano's vision and leadership has enabled P&G to become a strong partner and preferred supplier to retail customers around the world," stated P&G chairman and CEO A.G. Lafley. "He's worked closely with leading retailers to create joint value and establish new ways of working together. He's delivered P&G brands to more of the world's consumers by expanding distribution to new retail channels and millions of high-frequency stores. And he's strengthened the capabilities of our Global Customer Business Development organization."