P&G Names Jejurikar Board Chairman
Jejurikar succeeds Executive Chairman Jon Moeller, who will retire from the board on July 31 and leave P&G on August 14 after 38 years.
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Procter & Gamble has appointed President and Chief Executive Shailesh Jejurikar chairman of its board, effective August 1, combining the consumer-goods company’s top executive and board roles.
Jejurikar succeeds Executive Chairman Jon Moeller, who will retire from the board on July 31 and leave P&G on August 14 after 38 years, the company said on Wednesday, July 29.
The board’s independent directors reappointed Joseph Jimenez as lead independent director, according to a regulatory filing.
Jejurikar became president and CEO on January 1 under a transition announced in July 2025. Moeller then moved from chief executive to executive chairman.
“I want to thank Jon for his many years of tireless and steady leadership at P&G,” Jejurikar said in a statement. He added that Moeller’s strategic vision had helped shape the company.
Moeller held several senior positions during his career at P&G, including chief executive, chief operating officer and chief financial officer.
The Mumbai-born executive joined P&G in 1989 after completing an MBA at the Indian Institute of Management Lucknow. He has been part of its global leadership team since 2014.
Before becoming CEO, Jejurikar served as chief operating officer, overseeing enterprise markets and functions including sales, manufacturing, purchasing, distribution and information technology.
He previously led Fabric and Home Care, P&G’s largest business division, which includes Tide, Ariel, Downy and Febreze and accounts for about one-third of company sales and earnings.
Jejurikar takes on the additional role as P&G faces higher operating costs and uneven consumer demand.
The appointment was announced alongside P&G’s annual results. Net sales rose 3% to $87 billion in fiscal 2026, but volumes were flat and organic sales increased 1%.
For fiscal 2027, P&G expects sales and organic sales to grow 1% to 3%, with core earnings per share ranging from flat to 3% higher. The company estimates an after-tax headwind of about $1 billion from higher raw-material, energy and transportation costs.
