Procter & Gamble COO Shailesh Jejurikar to Succeed CEO Jon Moeller in Planned 2026 Transition

Procter & Gamble (P&G) announced that CEO Jon Moeller will step down after four years, with Chief Operating Officer Shailesh Jejurikar named as his successor, effective January 1, 2026. Moeller will transition to executive chairman, providing advice and counsel to Jejurikar and leading the board, in a planned and orderly leadership change with no health concerns involved. Under Moeller's leadership, P&G navigated post-pandemic growth, inflationary pressures, and a two-year restructuring plan involving 7,000 job cuts and exiting certain product categories. Jejurikar, who has been with P&G since 1989 and previously led the Fabric & Home Care division, is recognized for his role in the company's significant strategic transformations and sustainability efforts. The board has nominated Jejurikar for election as a director at the upcoming 2025 shareholder meeting, signaling continuity in P&G’s strategy amid ongoing economic challenges. Analysts view the transition as smooth, expecting Jejurikar to maintain focus on brand strength, operational efficiency, and navigating competitive consumer markets.