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
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Date
of Report (Date of earliest event reported)
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May
14, 2007
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THE
PROCTER & GAMBLE COMPANY
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(Exact
name of registrant as specified in its
charter)
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Ohio
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1-434
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31-0411980
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(State
or other jurisdiction
of
incorporation)
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(Commission
File Number)
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(IRS
Employer
Identification
Number)
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One
Procter & Gamble Plaza, Cincinnati, Ohio
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45202
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(Address
of principal executive offices)
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Zip
Code
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(513)
983-1100
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45202
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(Registrant's
telephone number, including area code)
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Zip
Code
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¨
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Written
communications pursuant to Rule 425 under the Securities Act
(17 CFR
230.425)
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¨
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17
CFR 240.14d-2(b))
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¨
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17
CFR 240.13e-4(c))
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ITEM
5.02 DEPARTURE
OF
DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS
Item
5.02(c)
On
May 14, 2007, the Board of Directors of The Procter & Gamble Company
(the “Company”) elected Susan E. Arnold (53), currently Vice Chair -
P&G Beauty & Health, to the position of President - Global
Business Units. In addition, the Board of Directors elected
Robert A.
McDonald (53), currently Vice Chair - Global Operations,
to the position
of Chief Operating Officer. These changes will be effective
July 1, 2007
and both principal officers will serve at the pleasure of
the
Board.
During
the past five years, Ms. Arnold held the following positions
at the
Company: President - Global Personal Beauty Care & Global Feminine
Care (7/1/02 - 6/30/04), Vice Chair - P&G Beauty (7/1/04 - 4/16/06)
and Vice Chair - P&G Beauty & Health (4/17/06 -
present).
During
the past five years, Mr. McDonald held the following positions
at the
Company: President - Global Fabric & Home Care (7/12/01 - 6/30/04) and
Vice Chair - Global Operations (7/1/04 - present).
ITEM
7.01 REGULATION FD
DISCLOSURE
On
May 14, 2007, the Board of Directors of The Procter & Gamble Company
(the “Company”) announced some business unit realignments and associated
changes to its executive management structure effective July
1, 2007.
A
copy of the Company’s press release announcing these changes I attached
hereto as Exhibit 99.
The
Company is furnishing the items in this section pursuant
to Item 7.01,
“Regulation FD Disclosure.”
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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.
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THE
PROCTER & GAMBLE COMPANY
BY:
/s/
E. J. WUNSCH
_________
E. J. Wunsch
Assistant Secretary
May
14,
2007
EXHIBIT(S)
99. News
Release by The Procter & Gamble Company dated May 14,
2007.