Pepper

The Ethics Resource Center recently announced that John E. Pepper is the winner of its 2003 Stanley C. Pace Leadership in Ethics Award. Pepper, who served as Proctor & Gamble's chairman and CEO, retired in 2002 after 38 years with the $43.4 billion household products giant. According to ERC founding chairman Norman Augustine, "There is no individual in America who better represents personal character and a powerful ethical compass than John Pepper," and added that Pepper does the right thing "because, to him, there is simply no other option." Pepper joined P&G in 1963 and became its chief executive in 1995. Under his leadership, the company experienced strong earnings growth and doubled its global sales numbers. Pepper, currently a director of Xerox, Motorola, and Boston Scientific, was dubbed one of the top 25 managers of the year in by Business Week in 1998.

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