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Former Procter & Gamble chief joins Legendary board

AGLafley A former leader of one of the most powerful consumer products companies in America is joining the board of directors of film finance and production company Legendary Entertainment.

Alan G. Lafley, chief executive of Procter & Gamble from 2000 to 2010, is the fifth person on the board of Legendary, the co-financier of movies including "The Dark Knight" and "The Hangover."

Other members are Legendary's Chairman and CEO Thomas Tull; Jim Breyer, a partner in venture capital firm and Legendary investor Accel Partners; and former Walt Disney Studios Chairmen Dick Cook and Joe Roth.

In the last year Tull has made moves to expand Legendary beyond its original business of co-financing films with Warner Bros., which it still does. After buying out many original investors to give him tighter control of the company, Tull has had Legendary begin production on its own movies, starting with the Guillermo del Toro-directed science fiction tale "Pacific Rim"; form a new entertainment venture in China; and launch television and comic book divisions.

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-- Ben Fritz

Photo: Alan G. Lafley. Credit: Associated Press.

 
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