Amy Chang
Director at PG
Board
About Amy Chang
Amy L. Chang is an independent director at Procter & Gamble and Chair of the Innovation & Technology Committee, with additional membership on the Governance & Public Responsibility Committee . She previously served as EVP/Executive Advisor at Cisco, GM of Cisco’s Collaboration Technology Group, founder/CEO of Accompany, and held senior product roles at Google; earlier roles include product management at eBay and consulting at McKinsey . As of the 2024 proxy, she was 47 years old with seven years of Board tenure, and served as I&T Committee Chair . Her board skills emphasize digital/technology, AI, marketing/data analytics, leadership/strategy, and governance .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Cisco Systems, Inc. | Executive Vice President & Executive Advisor | 2020–2021 | Senior leadership and enterprise-scale risk/strategy experience |
| Cisco Systems, Inc. | General Manager, Collaboration Technology Group | 2018–2020 | Led global product organization; tech and supply chain perspective |
| Accompany, Inc. | Founder & Chief Executive Officer | 2013–2018 | Built AI “relationship intelligence” startup; innovation credentials |
| Google, Inc. | Global Head of Product, Google Ads Measurement & Reporting; prior roles | 2005–2012 | Digital marketing, analytics, product leadership |
| eBay, Inc. | Product management & strategy | Pre-2005 | Consumer/retail tech product experience |
| McKinsey & Company | Consultant (semiconductors, software, services) | Pre-2005 | Strategy and operations grounding |
External Roles
| Organization | Role | Tenure | Notes/Interlocks |
|---|---|---|---|
| Salesforce, Inc. | Director | Since Jul 2025 | Current public company directorship |
| The Walt Disney Company | Director | Since 2021 | Current public company directorship |
| Marqeta, Inc. | Director | 2021–2022 | Prior public company directorship |
| Cisco Systems, Inc. | Director | 2016–2018 | Prior public company directorship |
| Target Corp. Digital Advisory Council | Member | 2013–2016 | Advisory role (non-board) |
| Google X (Moonshot Factory) | Advisor | Current | Advisory role (non-board) |
| UCSF Health | Executive Council | Current | Advisory role (non-board) |
| Stanford School of Engineering | Chairs Dean’s Advisory Council | Current | Academic advisory leadership |
Board Governance
- Committee assignments: Chair, Innovation & Technology; Member, Governance & Public Responsibility .
- Independence: The Board determined all nominees except the CEO and COO are independent under NYSE standards and PG’s Independence Guidelines; all committee members are independent .
- Attendance and engagement: FY 2024–25 held 6 Board meetings and 21 Committee meetings; average attendance ~98% among incumbents; none <75%; all Directors attended the Oct 8, 2024 annual meeting .
- Executive sessions: Independent Directors hold executive sessions at every regular Board meeting .
- Committee mandates and recent activities: G&PR oversees director nomination, governance guidelines, board assessment, sustainability, product quality; I&T oversees innovation strategy, metrics for superiority, regulatory changes on ingredients, packaging innovation and circularity .
| Committee | Membership | Chair | FY 2024–25 Meetings | Focus/Recent Activities |
|---|---|---|---|---|
| Governance & Public Responsibility | Member | No | 6 | Nomination process, governance guidelines, sustainability, product quality; reviewed workplace safety, geopolitical/regulatory challenges, governance practices/trends |
| Innovation & Technology | Chair | Yes | 2 | Innovation strategy/metrics, tech integration, ingredient safety, packaging innovations and circularity; reviewed superiority metrics and regulatory strategy |
Fixed Compensation
| Fiscal Year | Annual Retainer (Cash) | Committee Chair Fee (Cash) | Total Cash Fees | Notes |
|---|---|---|---|---|
| FY 2024–25 | $120,000 | $20,000 (I&T Chair) | $140,000 | Directors may elect fees in cash/RSUs/unrestricted stock; those not listed in footnote took cash |
Performance Compensation
| Fiscal Year | Annual RSU Grant Value | Settlement/Deferral | Dividend Equivalents | Notes |
|---|---|---|---|---|
| FY 2024–25 | $220,000 | RSUs settle in shares at least one year after leaving Board; beginning Oct 2025, settle at one-year service date with option to defer past Board service | Yes, RSUs earn dividend equivalents | Annual grant following Oct 8, 2024 meeting; pro-rated for later appointees |
| Pay Metric | Disclosed? | Detail |
|---|---|---|
| Performance metrics (e.g., revenue, EBITDA, TSR) in director pay | No explicit metrics disclosed; program described as fixed cash retainer plus fixed-value RSUs |
Form 4 grants around the annual meeting corroborate RSU awards: | Transaction Date | Filing Date | Type | Shares Granted | Post-Transaction Holdings | SEC URL | |---|---|---|---|---|---| | 2023-10-10 | 2023-10-11 | Award (A) | 1,520 | 13,459.1852 | https://www.sec.gov/Archives/edgar/data/80424/000112760223025736/0001127602-23-025736-index.htm | | 2024-10-08 | 2024-10-09 | Award (A) | 1,309 | 15,097.7453 | https://www.sec.gov/Archives/edgar/data/80424/000112760224025363/0001127602-24-025363-index.htm | | 2025-10-14 | 2025-10-15 | Award (A) | 1,475 | 16,961.3928 | https://www.sec.gov/Archives/edgar/data/80424/000008042425000222/0000080424-25-000222-index.htm |
Other Directorships & Interlocks
- Current public boards: Salesforce (since Jul 2025), Disney (since 2021); prior: Marqeta (2021–2022), Cisco (2016–2018) .
- Compensation committee interlocks: PG reports no compensation committee interlocks with other entities for FY 2024–25 .
Expertise & Qualifications
- Digital/technology and AI: Founder of AI-driven Accompany; senior product leadership at Google Analytics; provides insights on AI trends, data analytics, and marketing practices in consumer/retail .
- Leadership/strategy/risk management: Enterprise leadership at Cisco and as startup CEO; global team/supply chain exposure .
- Corporate governance: Service on multiple public boards and nominating/governance committees builds governance acumen .
Equity Ownership
| As-of Date | Direct/Common Stock | RSUs | Notes |
|---|---|---|---|
| 2025-06-30 | — | 15,381 | Beneficial ownership table for Directors; RSUs reported separately |
| 2025-10-14 | 16,961.3928 | — | Post-transaction holdings after RSU award (Form 4) |
- Stock ownership guidelines: Non-employee Directors must own Company stock/RSUs worth six times annual retainer; Company states all non-employee Directors either meet or are on track to meet within five years .
- Hedging/pledging: Company policy prohibits Directors and designated insiders from hedging or pledging Company stock (and related derivatives) .
Governance Assessment
- Board effectiveness: As I&T Chair, Chang oversees innovation strategy, superiority metrics, ingredient regulatory strategy, and packaging innovation—areas directly linked to product competitiveness and ESG, supporting oversight depth . Attendance metrics across the Board (~98% average; none <75%) and regular independent executive sessions suggest robust engagement and challenge culture .
- Independence and conflicts: Board determined she is independent; PG reports no transactions with Directors/related persons requiring SEC disclosure (other than one management-related case) and no compensation committee interlocks, reducing conflict risk .
- Alignment and incentives: Director pay mix is balanced between fixed cash and fixed-value RSUs that earn dividend equivalents and settle on extended timelines, with stringent ownership guidelines (6x retainer) and anti-hedging/pledging policies—signals of long-term alignment .
- RED FLAGS: None disclosed regarding related-party transactions for Directors; no hedging/pledging allowed; strong attendance metrics mitigate time-commitment concerns despite multiple external boards .