David S. Taylor, CEO of Procter & Gamble Wiki: Net Worth & Family
Carrying out the company’s task within the same flow wasn’t the easy task for the CEO of Procter & Gamble; American multinational consumer goods corporation, David S. Taylor. However, after being elected as the CEO on 28th July 2015 and with his 37 years of experience and dedication, he has been able to uplift the company’s revenues and earnings.
Under his leadership and supervision, the company has reached to next level. Altogether he has made 35 trades since 2013. Also, the company’s payout has reached 68% since he came onto the power.
Besides Procter & Gamble, David is also a member of the Business Roundtable, and a member of the Board of Visitors at Duke University’s Fuqua School of Business.
Net Worth And Salary
David's net worth is estimated to be $68.9 million, as of now.
On top of that, he owns over 50,000 units of Procter & Gamble worth over $34,477,697. Over the last six years, he sold worth over $16,246,635.
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Besides, Procter & Gamble(P&G) is paying him a $17,354,300 as of the CEO and the Chairman. Only in the fiscal year that ended in June, his pay was raised by 18%, where his compensation reached around $20,498,812. Out of which, $1,650,000 was received as a salary, $5,409,400 was received as a bonus, $3,251,263 was received in stock options, $9,768,118 was awarded as stock and $420,031 came from other types of compensation.
Wiki, Family & Education
David was born in Charlotte on 20 April 1958 in North Carolina, United States. He celebrates his birthday on 20th April. In the family, he is the third son to their parents; Howard and Bea Taylor—David has four siblings
David enrolled at Duke University in 1976 and gained his degree in Electrical engineering in 1980.
Marriage, And Children
David’s love life is as prospering as his professional career- he is happily married to wife Marsha. Together, the couples are blessed with three sons.
David S.Taylor (right) with wife, Marsha (left) (Photo:Forbes.com)
Currently, the family of five reside in Cincinnati, Ohio, at $1 million worth house.
Soon after graduating, David joined Procter & Gamble (P&G) as a production manager. There, he contributed the first decade of his career in product supply organization, where he looked after the production and operations at several plants in Mehoopany, Pennsylvania.
Later, in the early 1990s, at the age of 34, he was transferred to the brand management department, where he assisted in building many of the Company’s core businesses, including Baby Care, Family Care, Hair Care, and Home Care.
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Before becoming the CEO, he was the Global President of Procter & Gamble(P&G)’s Global Beauty, Grooming and Health Care sectors with leading brands such as Crest, Oral-B, Head &Shoulders, Olay, Pantene, Gillette, Vicks, and Fusion.
Besides, David also serves on the boards of the U.S.- China Business Council, the Consumer Goods Forum, and Catalyst. Also, he is the Chairman of the Alliance To End Plastic Waste.