Exclusive: Virginia Drosos, who heads P&G's beauty business, will retire from the company this September. The company is moving its beauty headquarters to Singapore. By Jennifer Reingold Gina Drosos FORTUNE -- In a surprise announcement, Procter & Gamble said today that Virginia Drosos, Group President of global beauty, skin care, cosmetics and personal care, is retiring from the company, effective September 1, and that the company is moving its beauty headquarters from Cincinnati to Singapore. Drosos will be replaced by Deborah Henretta, who has headed Asia for the last several years. The decision shows a shift in the fortunes of two high profile women at P&G—Henretta, who has guided Asia to strong results, and Drosos, 49, who has been one of Fortune's Most Powerful Women ... Continue reading →
The Walt Disney Co. CEO is the steward for some of the most valuable names on the planet, and we're not just talking about Mickey and Minnie but also ESPN, ABC, Marvel, and Pixar. An inside look at how he runs the entertainment factory. By Jennifer Reingold, senior editor Iger and business associates at Walt Disney World FORTUNE -- Aboard Disney's new cruise ship, the Fantasy, I am about to dine in a restaurant called the Animator's Palate. Before ordering, the other patrons and I are presented with markers and asked to draw a figure on our place mats. I doodle a stick figure of a girl, absurdly out of proportion. The servers collect the papers and take them away. Almost an hour later, after ... Continue reading →
