Procter & Gamble, a titan in the consumer goods industry, has announced a significant leadership transition as it charts its path for future growth. Shailesh Jejurikar, currently the company’s Chief Operating Officer, will become CEO starting January 1, 2026. He succeeds Jon Moeller, who will step into the role of Executive Chairman, providing guidance and oversight as the company navigates a period of transformation.

Jejurikar brings over three decades of experience at P&G, having led various divisions such as Health & Beauty Care, P&G Professional, and, most recently, the Fabric & Home Care segment, which includes well-known brands like Tide, Ariel, and Downy. His broad operational expertise and global perspective position him well to steer P&G through evolving consumer trends, cost pressures, and global challenges.

The leadership change comes amid a major restructuring announced earlier this year, involving the reduction of 7,000 jobs—about 15% of P&G’s non-manufacturing workforce—over the next two years. The company is also planning to exit select product categories and markets to sharpen its strategic focus and drive ongoing productivity improvements.

Jon Moeller leaves behind a strong legacy, having guided P&G through a post-pandemic surge in demand, persistent inflation, and complex supply chain dynamics. Under his leadership, the company consolidated its brand portfolio and maintained consistent growth, though recent share performance has been mixed due to higher input costs and shifting consumer sentiment.

P&G’s decision to promote from within demonstrates a commitment to continuity and the company’s proven approach to leadership development. As Jejurikar prepares to take the reins, stakeholders will be watching closely to see how he leads one of the world’s most admired companies into a new era of sustainable growth and innovation.