CINCINNATI — Procter & Gamble has named a new head of its Connect+Develop program, which has brought consumers a series of breakthrough products, including Olay Regenerist.
Laura Becker will lead P&G’s global business development group, responsible for empowering and driving Connect+Develop open innovation work across the company and around the world. A 22-year P&G veteran, who has worked in a range of areas across the company, Becker brings a depth of business and strategic-development expertise to GBD.
Becker succeeds Jeff Weedman who helped lead P&G’s open innovation work for more than 16 years. Jeff Weedman is leaving to serve as a P&G executive on loan, heading a new regional not-for-profit supporting innovation growth and small business start-ups in the region.
Becker joined P&G in 1990 as a graduate from the Wharton School of Business, and since has risen quickly through a number of key roles. She has worked in cost forecasting, financial analysis, new business development, global treasury, portfolio analysis for the Research and Development Organization and held a number of global finance and accounting roles, including most recently as the finance director for Global Feminine Care.
Since its start, Connect+Develop has linked with thousands of external innovators from big businesses to individual entrepreneurs, delivering breakthroughs in packaging, manufacturing, new business models, trademarks and licensing as well as technology and innovations for new products. Hits include Tide Total Care, TidePods, Downy Single Rinse, Clairol Foam, Olay Smooth Finish, Febreze Set n Refresh, Vicks Humidifiers, Bounce Drier Bars, Swiffer Dusters, Olay Regenerist, CoverGirl LashBlast Mascara and Mr. Clean Magic Erasers, to name a few.