By  on May 24, 2013

A.G. Lafley is The Procter & Gamble Co.’s $2 million man.

Lafley, 65, rejoined the consumer products firm as chairman, president and chief executive officer Thursday.His base salary was set at $2 million and beginning with the new fiscal year on July 1 will be eligible for an annual performance bonus of $5 million. Lafley will also receive equity grants.

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