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World's 10 most admired companies

March 9, 2009

6. Procter & Gamble

Procter & Gamble Co is a Fortune 500 multinational corporation headquartered in Cincinnati, Ohio. Known for a wide range of consumer goods, P&G is also the 8th largest corporation in the world by market capitalisation.

The company was founded by William Procter, a candlemaker and James Gamble, a soapmaker who settled in Cincinnati.

William and James married sisters, Olivia and Elizabeth Norris. Alexander Norris, their father-in law wanted his sons-in-law to become business partners. So in October 31, 1837, they joined hand to start Procter & Gamble.

The small, family-owned business grew manifold to offer products and services to consumers in over 180 countries.

The P&G community consists of over 138,000 employees working in over 80 countries worldwide. A G Lafley is the chairman of the board and the chief executive officer.

Image: Procter & Gamble's corporate headquarters in Cincinnati, Ohio. Photograph: John Sommers/Reuters

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