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July 30, 2014

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This Sept. 22, 2011, file photo shows Robert McDonald, CEO and president of Procter & Gamble, speaking at the Clinton Global Initiative in New York. President Barack Obama is selecting the former Procter and Gamble executive as his choice to be secretary of Veterans Affairs, an administration official said Sunday, June 29, 2014. McDonald, 61, is a native of Gary, Ind., who grew up in Chicago.

Mark Lennihan / AP File

This Sept. 22, 2011, file photo shows Robert McDonald, CEO and president of Procter & Gamble, speaking at the Clinton Global Initiative in New York. President Barack Obama is selecting the former Procter and Gamble executive as his choice to be secretary of Veterans Affairs, an administration official said Sunday, June 29, 2014. McDonald, 61, is a native of Gary, Ind., who grew up in Chicago.