Procter & Gamble (P&G) is set to appoint Shailesh Jejurikar as its new CEO, effective January 1, 2026, as part of a significant leadership restructuring. This move follows the company’s announcement to scale back its workforce by 7,000 positions, approximately 15% of its non-manufacturing staff, amid challenges such as tariffs and global geopolitical tensions.
Jejurikar, who currently serves as Chief Operating Officer, will take over from Jon Moeller, who will transition to the role of executive chairman. Moeller is recognized for his strategic leadership, guiding the company through critical transformations, and will continue to support Jejurikar during the transition. P&G ranks 149 on the Fortune 500 and is 19th in the World’s Most Admired Companies list.
The board has lauded Moeller for his role in enhancing P&G’s operational strategy, which has contributed to sustained growth and shareholder value. Jejurikar is expected to build on this legacy, bringing a wealth of experience from his tenure at P&G, including his leadership in global sustainability initiatives. His annual compensation package as CEO will include a salary of $1.6 million, with potential bonuses and long-term equity awards.
Jejurikar’s journey to leadership at P&G is notable; he shares his humble beginnings in India and emphasizes the importance of integrity and leading by example—a lesson learned during his early schooling. Joining P&G as an assistant brand manager in 1989, he has developed a reputation for fostering internal talent, which aligns with the company’s philosophy of promoting from within.
The challenges ahead for Jejurikar include executing a strategic plan that involves brand divestitures and market exits, aiming to enhance efficiency and focus. Expressing gratitude for his appointment, he stated his commitment to leveraging P&G’s strengths in innovation and operational excellence for long-term growth.
This leadership change comes at a pivotal time for P&G, providing an opportunity for renewed focus and strategic realignment as the company adapts to the evolving market environment. Jejurikar’s leadership is expected to not only continue but also enhance P&G’s momentum in achieving its goals.
Overall, the transition embodies a promising change for P&G, with a focus on building a sustainable future while valuing the contributions of its long-standing employees.