UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act Of 1934
|
Date
of Report (Date of earliest event reported)
|
October
28, 2008
|
|
THE
PROCTER & GAMBLE COMPANY
|
|
(Exact
name of registrant as specified in its
charter)
|
|
Ohio
|
1-434
|
31-0411980
|
||
|
(State
or other jurisdiction
of
incorporation)
|
(Commission
File Number)
|
(IRS
Employer
Identification
Number)
|
|
One
Procter & Gamble Plaza, Cincinnati, Ohio
|
45202
|
|
|
(Address
of principal executive offices)
|
Zip
Code
|
|
(513)
983-1100
|
|
(Registrant's
telephone number, including area
code)
|
|
o
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
|
o
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
o
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
|
o
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
ITEM
5.02 (b) & (c) DEPARTURE OF CERTAIN
OFFICERS; APPOINTMENT OF CERTAIN OFFICERS
On
October 28, 2008, The Procter & Gamble Company (the “Company”) announced
that Clayton C. Daley, Jr., Vice Chairman and Chief Financial Officer, will
retire effective September 16, 2009. The Company also announced that Jon R.
Moeller (44), currently Vice President & Treasurer, has been elected to
succeed Mr. Daley as Chief Financial Officer effective January 1,
2009.
During
the past five years, Mr. Moeller held the following positions at the
Company: Vice President & Treasurer (July 2007-present), Vice
President – Finance & Accounting, P&G Beauty & Health (June
2006-June 2007), Vice President – Finance & Accounting, P&G Beauty (June
2005-June 2006), Manager – Finance, Global Beauty Care (July 2004-June 2005),
and Manager – Finance & Accounting, Global Beauty & Feminine Care and
Global Health Care (February 2003-June 2004).
In
addition, Mr. Moeller’s wife, Lisa Sauer, is a long-tenured employee of the
Company who currently holds the position of Manager in our Oral Care
business. Her total compensation in the last year was approximately
$750,000, consisting of salary, bonus, equity grants and retirement benefits.
Her compensation is consistent with the Company’s overall compensation
principles based on her years of experience and position within the
Company.
The
Company is filing this 8-K pursuant to Item 5.02(b) and (c), "Departure of
Certain Officers; Appointment of Certain Officers."
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this Report to be signed on its behalf by the undersigned hereunto
duly authorized.
THE
PROCTER & GAMBLE COMPANY
BY: /s/ EJ
Wunsch
E. J.
Wunsch
Assistant
Secretary
October
31, 2008
EXHIBIT(S)
99. News
Release by The Procter & Gamble Company dated October 28,
2008