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Obama to tap ex-Procter & Gamble chief to lead veterans affairs

Former Proctor & Gamble CEO Bob McDonald speaks during the 2012 Clinton Global Initiative annual meeting September 23, 2012 in New YorkPresident Barack Obama plans to nominate on Monday former Procter & Gamble chief executive Bob McDonald to serve as the next secretary of the beleaguered Veterans Affairs Department, White House officials said. Obama is tasking McDonald, a West Point graduate, to turn around an agency plagued by allegations of mismanagement and a coverup of long wait lists for treatment, with several patients dying in the process. The political scandal last month led to the resignation of Eric Shinseki as Veterans Affairs secretary after a stellar military career. McDonald served for 33 years at Procter & Gamble, and his tenure there “prepares him well for a huge agency with management challenges in servicing more than eight million veterans a year,” a White House official said.

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