Procter & Gamble (P&G) announced Shailesh Jejurikar will become CEO on January 1, 2026, succeeding Jon Moeller, who will transition to executive chairman. Jejurikar, a 34-year P&G veteran, has served as COO since 2021. This transition follows P&G's recent announcement of 7,000 job cuts. Jejurikar's appointment continues P&G's tradition of promoting from within, emphasizing operational excellence and sustainable growth. His compensation package includes a $1.6 million salary and substantial equity awards.

Prepared by Christopher Adams and reviewed by editorial team.