Procter & Gamble vs Wipro: Founders, CEOs and History

Company facts

Founders

CEOs and their tenures

Timeline: Procter & Gamble and Wipro side by side

1. 1837Procter & Gamble

   Company Founded in Cincinnati

   William Procter and James Gamble sign a partnership agreement on October 31, 1837, establishing Procter & Gamble in Cincinnati, Ohio, with combined capital of approximately 7,192 dollars.

2. 1862Procter & Gamble

   Civil War Army Contracts Fuel Expansion

   P&G wins contracts to supply the Union Army with soap and candles, generating significant revenue that enables manufacturing expansion and introduces millions of American soldiers to P&G products for the first time.

3. 1882Procter & Gamble

   Ivory Soap Launches Nationally

   Harley Procter and James Norris Gamble introduce Ivory soap, promoted as 99 and 44/100 percent pure and notable for its floating characteristic.

4. 1890Procter & Gamble

   Company Incorporates and Expands Nationally

   Procter & Gamble incorporates in Ohio with capital of 4.5 million dollars and begins building manufacturing capacity outside Cincinnati, establishing the operational infrastructure for national distribution that the Ivory soap advertising campaign had created…

5. 1911Procter & Gamble

   Crisco Shortening Introduced

   P&G launches Crisco vegetable shortening, the first hydrogenated vegetable oil product marketed to American consumers as an alternative to lard and butter.

6. 1931Procter & Gamble

   Brand Management System Invented

   P&G executive Neil McElroy writes a famous internal memo proposing that each brand have its own dedicated management team responsible for competing against all rivals including other P&G brands.

7. 1945Wipro

   Incorporated as Western India Vegetable Products

   Mohamed Hasham Premji sets up a vegetable oil business in Amalner, Maharashtra.

8. 1946Procter & Gamble

   Tide Detergent Launches

   P&G introduces Tide synthetic detergent, which rapidly becomes the best-selling laundry product in the United States and establishes the template for all future P&G brand development: superior product performance, heavy consumer advertising, and sustained mark…

9. 1961Procter & Gamble

   Pampers Diapers Introduced

   P&G introduces Pampers disposable diapers, transforming the infant care category and creating what will become one of the company's most globally significant brands.

10. 1966Wipro

    Azim Premji takes over

    After his father's death, 21-year-old Azim Premji leaves Stanford to run the company.

11. 2000Wipro

    NYSE listing

    Wipro lists American Depositary Shares on the New York Stock Exchange under the ticker WIT.

12. 2005Procter & Gamble

    Gillette Acquired for 57 Billion Dollars

    P&G completes the acquisition of Gillette Company for approximately 57 billion dollars in an all-stock transaction, adding Gillette razors, Braun appliances, Oral-B dental products, and Duracell batteries to the P&G portfolio.

13. 2007Wipro

    Acquired Infocrossing

    Wipro Limited acquired Infocrossing for $600 million.

14. 2013Wipro

    Non-IT businesses demerged

    Consumer care, lighting, and infrastructure engineering businesses move to the unlisted Wipro Enterprises.

15. 2014Procter & Gamble

    Portfolio Transformation Announced

    CEO A.G. Lafley announces P&G's plan to divest more than 100 brands and focus the company on approximately 80 core brands in ten product categories.

16. 2019Procter & Gamble

    Portfolio Simplification Completed

    P&G completes the brand portfolio simplification, having divested more than 100 brands and consolidated around approximately 65 core brands.

17. 2019Wipro

    Rishad Premji becomes Executive Chairman

    Azim Premji retires from the executive role and his son Rishad Premji takes over as chairman.

18. 2021Wipro

    Capco acquisition completed

    Wipro completes its $1.45 billion acquisition of financial services consultancy Capco.

19. 2022Wipro

    Acquired Rizing

    Wipro Limited acquired Rizing for $540 million.

20. 2024Procter & Gamble

    Fiscal Year 2024 Net Sales Reach Approximately 84 Billion Dollars

    P&G reports fiscal year 2024 net sales of $84.0 billion and net earnings attributable to P&G of about $14.9 billion, and raises its quarterly dividend 7% to $1.0065 per share, its 68th consecutive annual increase.

21. 2024Wipro

    Srini Pallia named CEO

    Srini Pallia succeeds Thierry Delaporte as CEO and Managing Director in April 2024.

22. 2026Wipro

    Rs 150 billion buyback approved

    Alongside FY2026 results in April 2026, the board approves a Rs 150 billion share buyback.

Acquisitions

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