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Lafley At P&G, Ullman At Penney: When Does It Make Sense To Rehire The CEO?

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Returning P&G CEO A.G. Lafley: Can he turn things around? It’s a rare move to bring back a CEO to run a struggling company. Procter & Gamble and J.C. Penney will offer new test cases of whether it’s a good idea. It won’t be easy, past experience suggests—though leaders like Steve [...]

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