US-China Business Council Elects The Procter & Gamble Company Chairman, President, and CEO Robert A. McDonald as Chair

WASHINGTON, DC, – The US-China Business Council (USCBC) today announced the election of Robert A. McDonald, chairman, president, and CEO of The Procter & Gamble Company as USCBC chair as well as the election of other officers and board directors.

“I am pleased to be able to lead the United States’ foremost business organization representing our commercial interests with China,” McDonald said. “Next year is USCBC’s 40th anniversary and the role it plays in expanding the market and reducing barriers for US companies has never been more important.”

“The commercial relationship with China presents great opportunities and great challenges for American companies,” McDonald continued. “It is a relationship that we need to get right, and I look forward to contributing toward that goal as chair of USCBC.”

McDonald oversees a global company with annual revenues of about $83 billion in 2011. Procter & Gamble has operations in about 80 countries, and sells its brands in more than 180 countries around the world. McDonald joined Procter & Gamble (P&G) in 1980 and has extensive experience in the company’s Asia businesses, including China. He spent most of the 1990s leading P&G’s businesses in the Philippines, Japan and Korea, including responsibility for P&G’s Hair Care business in Asia and the P&G Beauty business in Japan.

Procter & Gamble is the largest consumer products company in China, with annual sales of about $6 billion. Procter & Gamble entered the mainland China market in 1988 by establishing its first joint venture – P&G (Guangzhou) Ltd. Headquartered in Guangzhou, P&G China currently has operations in Guangzhou, Beijing, Shanghai, Chengdu, Tianjin, Dongguan and Nanping, and a technical center in Beijing. As P&G’s second largest market globally, P&G China along with operations in other parts of the world support 20 percent of P&G’s US jobs.

USCBC President John Frisbie announced the following elected officers:

Chair, Robert A. McDonald, chairman, president, and CEO, The Procter & Gamble Company

Vice Chair, The Honorable William S. Cohen, chairman and CEO, The Cohen Group

Vice Chair, Gregory Q. Brown, chairman and chief executive officer, Motorola Solutions

Secretary-Treasurer, Thomas J. Lynch, chief executive officer, TE Connectivity and

Counsel, Andrew W. Shoyer, partner, Sidley Austin LLP

USCBC also today welcomed three new board members:

Hamid Biglari, vice chairman & head of emerging markets, Citicorp, Citigroup Inc.

Marc N. Casper, president and chief executive officer, Thermo Fisher Scientific

Maurice R. Greenberg, chairman & chief executive officer, C.V. Starr & Co., Inc.

An updated list of USCBC’s directors can be found below or https://www.uschina.org/board_of_directors.html

Frisbie said, “I am delighted with the election of Bob McDonald and the other officers and board members. USCBC continues to enjoy one of the most dynamic boards comprised of America’s best business leaders.”

McDonald succeeds Muhtar Kent, chairman and chief executive officer of The Coca-Cola Company, as USCBC chair.

“I want to thank Muhtar Kent for his leadership and dedication to USCBC’s mission during his two years as chair. Muhtar remains on our board and I look forward to his continued participation in USCBC’s important advocacy work to expand American business opportunities in China,” Frisbie said.

The US-China Business Council (USCBC) is a private, nonpartisan, nonprofit organization of roughly 240 American companies that do business with China. For nearly four decades, USCBC has provided unmatched information, advisory, advocacy, and program services to its membership. Through its offices in Washington, DC; Beijing; and Shanghai, USCBC is uniquely positioned to serve its members’ interests in the United States and China.

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