Longtime P&G employee, Shailesh Jejurikar, who graduated from IIM Lucknow, assumes the CEO role following 36 years of service.
The Procter & Gamble Company (P&G) has announced that Shailesh Jejurikar will become its CEO, effective January 1, 2026. The current CEO, Jon R. Moeller, will assume the role of Executive Chairman on the same date.
Jon R. Moeller has led P&G since 2021, overseeing one of the most significant transformations in the company's 187-year history. His tenure included portfolio streamlining, productivity improvement, and a renewed strategic focus on superiority across brands and categories. Moeller will continue to advise the leadership team and chair the board after his transition.
Shailesh Jejurikar, currently the Chief Operating Officer (COO) of P&G, will take over as CEO. Jejurikar has held a succession of senior roles across North America, Europe, Asia, and Latin America, and has overseen the company's largest regions and categories as COO.
Jejurikar joined P&G in 1989 as an assistant brand manager for Personal Health Care in India. His rise through the ranks is a testament to his dedication and skills. In 2021, he was named COO, the first executive to hold that title in P&G's recent history.
The transition of P&G's CEO occurs amid a volatile consumer environment. The company trimmed its annual core earnings outlook earlier this year due to uncertain consumer sentiment and potential trade-related impacts, particularly in the American market.
Jejurikar's elevation to CEO comes amid a wave of Indian executives taking top roles in global corporations, particularly in technology and consumer sectors. More than 350 Indian expats are in global roles across P&G, highlighting the growing significance of India in the company's talent and market strategy.
Joe Jimenez, lead independent director of the P&G board, believes that a strong plan is in place for sustained success and that it is now the time to transition to Jejurikar as CEO. India is one of P&G's top ten markets globally.
In the past, Jejurikar has stated that India's demographic and economic momentum will only increase its strategic value. As CEO, he is poised to lead P&G into a new era, continuing the company's commitment to innovation, sustainability, and consumer-centricity.
Jejurikar has helped lead global operations in supply chain, IT, and business services. His extensive experience and deep understanding of P&G's business make him an ideal candidate to guide the company through the challenges and opportunities of the future.
Shailesh Jejurikar will be the first Indian-born CEO in P&G's 187-year history. His appointment is a significant milestone for the company and for the global business community. It underscores P&G's commitment to diversity and inclusion and its belief in the power of talent, regardless of where it comes from.
As P&G prepares for this leadership change, it is confident that Jejurikar's vision, combined with Moeller's continued guidance, will ensure a bright future for the company.
