WASHINGTON DC: US competition regulator, the Federal Trade Commission, will be led by William E Kovacic (pictured), following Friday's departure of former chairman Deborah Platt Majoras to become general counsel at Procter & Gamble.

Kovacic is an existing commissioner and former FTC general counsel.

His appointment is welcomed by Majoras, who enthused: "He brings deep institutional knowledge, long-standing dedication to the mission, and great respect for staff. 

"Bill is a free-market champion and a highly regarded advisor to emerging competition authorities around the globe."

Data sourced from AdAge.com; additional content by WARC staff