P&G COO Jejurikar to Replace CEO Moeller in 2026

Procter & Gamble (P&G) announced that its Chief Operating Officer, Shailesh Jejurikar, will succeed Jon Moeller as CEO effective January 1, 2026, while Moeller will transition to the role of executive chairman. Jejurikar, who has been with P&G since 1989 and has held senior leadership roles contributing to core businesses like fabric and home care, is expected to build on the company's strong foundation and drive future growth. The leadership change is part of a planned and orderly transition by the board, with no health concerns cited regarding Moeller's departure. P&G is also undertaking a significant restructuring plan that includes cutting up to 7,000 non-manufacturing jobs over the next two years to accelerate growth amid challenges like tariff-related cost increases and uneven consumer demand. Jejurikar’s appointment signals a potential strategic focus on innovation, agility in responding to global consumer trends, and sustainability initiatives as P&G navigates a competitive market landscape. The company, known for brands such as Tide, Pampers, and Gillette, continues to adapt its operations globally while maintaining a portfolio of trusted products.