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Procter & Gamble names Shailesh Jejurikar as CEO

Shailesh Jejurikar will take over as CEO of Procter & Gamble on January 1, 2024.

July 28, 2025 at 09:27 PM

Procter & Gamble announced Monday its chief operating officer, Shailesh Jejurikar, will become its next leader on Jan. 1.

Procter & Gamble appoints Shailesh Jejurikar as new CEO

Procter & Gamble announced on July 28 that Shailesh Jejurikar, 58, will become its new CEO starting January 1. Current CEO Jon Moeller, who has led the company since 2021, will transition to the role of executive chairman. Jejurikar, who hails from Mumbai, India, joined P&G in 1989 and has served as COO since 2021. He previously led P&G's Global Fabric and Home Care segment, overseeing major brands that constitute one-third of the company's revenue. Jejurikar's appointment marks a historic moment as he will be the first Asian to lead Procter & Gamble. The leadership change comes in light of recent job cuts and restructuring due to slowing sales growth, which P&G recently reported to be at its lowest in five years.

Key Takeaways

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Shailesh Jejurikar will be P&G's new CEO starting January 1.

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Current CEO Jon Moeller becomes executive chairman after nearly four decades at P&G.

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Jejurikar is the first Asian to lead P&G in its history.

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The leadership change coincides with a major restructuring plan that involves job cuts.

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P&G's organic sales growth forecast has reached its lowest point since 2018.

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The company's future strategies will likely focus on revitalizing sales and brand growth.

"Shailesh has been an integral part of P&G's leadership team with substantial contributions across multiple businesses."

This quote highlights Jejurikar's long-standing impact and importance at P&G as he steps into the CEO role.

"We are restructuring in response to slowing sales and aiming for efficiency."

This remark underscores the urgency behind P&G's current operational changes and job cuts.

The appointment of Jejurikar signals a shift not only in leadership but also in the company's approach to addressing market challenges. His background in overseeing iconic and high-revenue brands positions him well to tackle the difficulties that P&G currently faces, including significant job cuts in response to stagnating sales. With a diverse leadership perspective, Jejurikar could steer P&G toward a renewed growth strategy. However, the pressures of ongoing restructuring may impose immediate challenges as he settles into his new role.

Highlights

Shailesh Jejurikar brings a fresh perspective to P&G.
Historic leadership shift at P&G may change company dynamics.
Jejurikar's experience with iconic brands is pivotal for growth.
The restructuring at P&G reflects broader challenges in the market.

Restructuring raises concerns about job stability

P&G’s plan to cut 7,000 jobs as part of its restructuring could create unrest and backlash among employees and investors, raising questions about future company stability.

Jejurikar's leadership will be critical as P&G navigates through ongoing challenges and market shifts.

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