Procter & Gamble replaces CEO Moeller with COO and long-time executive Jejurikar

Procter & Gamble CEO John Muller strikes away from the upper job after 4 years on this position, and the patron items big stated that he’ll succeed him with the chief operational worker Shilish Jiguricar.

“Muller will develop into an government president,” recommendation and the corporate’s CEO, “P&G stated in an announcement on Monday, a day earlier than its quarterly outcomes will probably be reported.

The corporate didn’t reveal the rationale for the change within the driving in its assertion, however the chief communications official at P&G Jones instructed Reuters that Moueler was a part of the deliberate and arranged switch made by the Board of Administrators. He stated that there have been no well being issues resulting in Muller’s departure.

Cincinnati, based mostly in Ohio, has the historical past of the comparatively quick CEO, which dates again to the mid -Nineteen Nineties. Muller’s predecessor, David Taylor, was the CEO for six years, and two of them had been through the roaming epidemic, when client commodity firms confronted lack of merchandise and chain chain obstacles. Taylor then held the place of CEO of the Council.

Through the Muller period, the corporate moved to the growth of postpartum gross sales, along with excessive bills and sticky inflation. P&G shares have gained about 13 % throughout his 4 -year presidency, in step with the S& P 500 index.

In April, the corporate, which makes Pampers and Head & Lext, warned in April of the excessive costs of merchandise resulting from elevated prices of inputs from the commerce warfare on the time of weakening client spending. Its inventory has decreased about 6 % to this point this 12 months.

In June, the corporate stated it will scale back 7,000 jobs over the following two years and get out of some classes of merchandise and types in some markets, together with some doable disposal operations, as a part of a broader restructuring plan for 2 years.

“This will likely not imply a lot for expectations as a result of they’re selling from the within,” stated Brian Jacobsen, the chief economist at Annex Wealth Administration, which carries P & G shares. “This may be extra like a stick in an extended race as an alternative of shaking issues.”

Jejurikar set, as of January 1, 2026, the P&G desire for naming inner candidates to acquire the upper job. Muller additionally rose within the ranks earlier than he turned the operations supervisor after which the CEO of the corporate.

The Board of Administrators was nominated as director of the annual shareholders assembly in October 2025.

Jejurikar has performed roles throughout many P&G works, together with Well being & Magnificence Care and P & G Skilled. Earlier than his present position, he was President of P&G Cloth & Residence Care, which incorporates emblems comparable to Tide, Ariel and Downy.