Report: Retired P&G CEO Bob McDonald to be Nominated VA Secretary

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Veterans Affairs Department logoBob McDonald, formerly CEO of Procter & Gamble, will be nominated by President Barack Obama to succeed Eric Shinseki as veterans affairs secretary, the Washington Post reported Sunday.

Juliet Eilperin writes that McDonald is a graduate of the U.S. Military Academy at West Point and spent five years with the Army prior to entering the private sector.

He also serves as a member of the West Point Association of Graduates, the 75th Ranger Regiment Association and the U.S. Army Ranger Association.

Some lawmakers and industry executives have commended McDonald’s corporate leadership and military experience.

“Prior to retirement, he navigated Procter & Gamble through the difficult post-financial-crisis years, where he expanded business in developing markets and made substantial progress improving the efficiency of the company’s internal operations,” said Jim McNerney, Boeing chairman and a P&G board member, according to The Post.

House Speaker John Boehner (R-Ohio), believes McDonald is the “kind of person who is capable of implementing the kind of dramatic systemic change that is badly needed and long overdue at the VA.”

Eilperin reports the White House will announce McDonald’s nomination to the VA secretary post Monday.

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