Pritchard, a 26-year company veteran, is currently president for strategy, productivity and growth. Stengel brings to a close seven years as marketing chief at P&G, during which time the company expanded its online marketing efforts and won the coveted Advertiser of the Year award at the Cannes Lions 2008.
He will work on special projects after stepping down from the role on 1 August, before retiring from the company at the end of October.