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Bloomberg reports that "Edwin Artzt, who as chief executive officer of Procter & Gamble Co. doubled profit during the 1990s while eliminating unprofitable brands, closing factories, and expanding business overseas, has died. He was 92.

"He died on April 6, Procter & Gamble said on its website, without giving details. Mr. Artzt 'had the foresight and competitive spirit to position P&G for success, and he led with conviction and courage,' current CEO Jon Moeller said in a statement."