The Procter & Gamble Company (P&G) has outlined its leadership succession plan, appointing its current Chief Operating Officer, Shailesh Jejurikar, to the role of President and Chief Executive Officer. The transition is scheduled for January 1, 2026.
On the same date, Jon Moeller, the current CEO, will assume the position of Executive Chairman. In this new capacity, Moeller will lead the Board of Directors and provide strategic counsel to the incoming CEO.
The move marks a significant transition for the consumer goods powerhouse, signaling a long-term, structured handover at the top. The company also announced that Jejurikar will be nominated for election as a Director at the annual shareholder meeting in October 2025.
Joe Jimenez, Lead Director of P&G’s Board, commented on Moeller’s tenure and the transition. “We thank Jon for his strategic leadership and guidance as he has played a pivotal role in designing and implementing P&G’s integrated portfolio, superiority, productivity and organization strategy, as part of one of the most significant transformations in the Company’s history,” he said. “A strong plan is in place for sustained success and now is the time to transition to Shailesh as CEO. We are fortunate and grateful to have Jon continue as Executive Chairman.”
Jejurikar, a P&G veteran who joined the company in 1989, has served as COO and has been a member of the global leadership team since 2014. His career spans multiple senior roles across various business units, including global Fabric Care and Home Care, and in key regions like North America, Europe, Asia, and Latin America.
Expressing the board’s confidence in the successor, Jimenez added, “Shailesh has been an integral part of P&G’s leadership team with substantial contributions across multiple businesses and in both developed and developing regions… He has consistently delivered strong results in the businesses and markets he has led. Shailesh is an outstanding leader, and the Company will benefit from his ongoing leadership to build on the strong foundation he has helped create.”
Looking ahead to his new role, Jejurikar said, “I am honored to serve as P&G’s CEO. P&G people, our brands, and our capabilities in innovation and operational excellence fuel my confidence for a future of sustained growth and value creation.”
Moeller reflected on his time as CEO and expressed his support for the transition. “It has been an honor to serve as CEO of P&G, and I am incredibly proud of the value created by the people of P&G through an integrated strategy that is being executed with excellence,” said Moeller. “I look forward to supporting Shailesh and the entire team as they continue to improve the performance and value of P&G brands and categories to win with consumers and customers around the world.”
