Clairol chiefs quit as P&G forges on with staffing cull

Matthew Arnold,

March 13, 2002

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Clairol chiefs quit as P&G forges on with staffing cull

LONDON - Two top Clairol executives have resigned as new owner Procter & Gamble presses ahead with its plan to raise global adspend for the haircare brand while cutting jobs by 50%.

European marketing director Tim Perman and president Paula Jacoby resigned in the past few weeks. It is not known whether either of them had a job to go to.

P&G marketing director for European cosmetics, Oliver Kastalio, assumes Perman's duties, while P&G UK marketing director for beauty care Gill Whitty-Collins will handle Clairol's UK marketing. It is not known who will replace Jacoby.

P&G acquired Clairol for £3.4bn from Bristol-Myers Squibb late last year. Earlier this month it announced it would make 750 redundancies at Clairol, and close plants in the UK, US, Peru and Venezuela.

The FMCG giant has vowed to raise global adspend for the range, which has lost share to L'Oréal in recent years.

Perman and Jacoby were not available for comment.

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