Multinational consumer goods corporation, Procter & Gamble, announces the new appointment of Shailesh Jejurikar to the position of Chief Executive Officer.
Procter & Gamble (P&G) has announced that Shailesh Jejurikar will take over as the company's President and CEO, effective January 1, 2026. Current CEO Jon Moeller will transition to an Executive Chairman role, serving as a strategic advisor while chairing the board.
Jejurikar, a 36-year veteran of P&G, has held diverse leadership roles globally. Born and raised in India, he is an alumnus of IIM Lucknow and has served as the Chief Operating Officer since 2021. He has also led P&G's Fabric & Home Care division and overseen Enterprise Markets across crucial regions for P&G's growth strategy, including Latin America, India, Southeast Asia, Eastern Europe, the Middle East, and Africa.
Under Jejurikar's leadership, P&G is expected to pursue a strategic shift emphasizing innovation, sustainability, and digital transformation. His tenure is characterized by a focus on AI-driven R&D, supply chain modernization, and consumer-centric agility, aligning with broader consumer packaged goods (CPG) industry trends.
Jejurikar's operational rigor and market expansion expertise are poised to steer P&G towards enhanced innovation, sustainable practices, and growth in emerging and enterprise markets. His efforts are aimed at maintaining P&G's competitive edge in a rapidly evolving global consumer market.
In addition to his role as CEO, Jejurikar will also be eligible for a potential bonus valued at $3.2 million. The board has awarded him long-term equity valued at $14 million.
Jejurikar's operational prowess extends to his role as the executive sponsor of global sustainability at P&G from 2016 to 2021. During this time, he led the integration of P&G's sustainability goals into business operations.
The fiscal year 2026 guidance introduced by P&G includes a $1 billion hit due to higher costs from tariffs. Mid-single-digit price increases will affect about a quarter of P&G's items during the first quarter of fiscal 2026.
Despite the changes in leadership, P&G recently reported quarterly results that beat Wall Street's expectations. The company is currently ranked 149 on the Fortune 500 and 19th on the World's Most Admired Companies list.
Jejurikar joins the ranks of Indian American leaders heading global corporations, including Sundar Pichai and Satya Nadella. His appointment marks a significant step forward for diversity in corporate leadership.
[1] "Procter & Gamble Names Shailesh Jejurikar as New CEO" - The Wall Street Journal [2] "Shailesh Jejurikar to Succeed Jon Moeller as P&G CEO" - CNBC [3] "P&G Names Shailesh Jejurikar as New CEO, Effective 2026" - Bloomberg [4] "Procter & Gamble Announces Shailesh Jejurikar as New CEO" - Reuters
- Shailesh Jejurikar, the new CEO of Procter & Gamble, aims to leverage his experience in personal-finance management and leadership roles during his tenure to drive innovation, sustainability, and digital transformation in the company's business, focusing on strategic growth in emerging and enterprise markets.
- With the appointment of Shailesh Jejurikar as the CEO of Procter & Gamble, the company expects to maintain its competitive edge in the consumer packaged goods industry, while also ensuring sustainable practices and enhanced finance management, aligning with the broader industry trends and Jejurikar's operational expertise.
