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    Breaking News

    Jon R. Moeller To Succeed David Taylor as Procter & Gamble CEO

    Leadership change set for Nov. 1.

    Jon R. Moeller To Succeed David Taylor as Procter & Gamble CEO
    Jon R. Moeller
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    07.29.21
    Jon R. Moeller, current vice chairman and COO, will succeed David Taylor as Procter & Gamble’s president and CEO, effective Nov. 1, 2021. 
     
    Moeller has been appointed to the company’s board of directors. 
     
    On Nov. 1, Taylor will become Procter & Gamble’s executive chairman. In this role, Taylor will lead the board of directors, and provide advice and counsel to the CEO and P&G leadership on company decisions.
     
    “We thank David for his strategic leadership and guidance over the last six years as the Company has returned to consistent balanced growth and value creation. A strong plan for sustained success is in place and the board unanimously agrees that now is the time to transition to Jon as CEO. We are fortunate and grateful to have David continue as Executive Chairman,” James McNerney, lead director of P&G’s Board, said in a statement. 

    “Jon has been an integral part of P&G's leadership team for well over two decades, helping develop the strategies that P&G people are executing with excellence to drive P&G’s growth and value creation,” McNerney added. “He is an outstanding leader, and the Company will benefit from his ongoing leadership to build on the strong momentum he has helped create over the last few years.”

    Moeller, who joined P&G in 1988, has been a member of P&G’s global leadership team since 2009, serving as CFO, COO and vice chairman. Throughout his career, he has held various senior leadership roles in categories, sectors and regions, and helped build several of P&G’s core businesses. Moeller played a pivotal role in designing and implementing P&G’s portfolio, superiority, productivity and organization design strategy, as part of one of the most significant transformations in the company’s history.

    “I am honored to serve as P&G’s CEO,” said Moeller. “My confidence in the future is rooted in my confidence in P&G people. They are committed to lead, motivated to win, and have a strong focus on sustained excellence in everything we do—serving consumers and delivering for shareholders through an integrated strategy that is delivering balanced growth and value creation.”

    Shailesh Jejurikar has been elected COO, effective Oct. 1, 2021. Jejurikar will report to Moeller and his successor will be announced at a later date. He currently serves as the CEO of the company’s fabric and home care sector, P&G’s largest business unit.

    “It has been an honor of a lifetime being the CEO of P&G, and I am incredibly grateful for the support of P&G’s Board, lead team and P&G people everywhere. Together, we have established strong momentum through an integrated strategy that is being executed with excellence,” said Taylor. “The Board and I are confident the time is right to transition the role of CEO, and I look forward to supporting Jon, Shailesh and the entire team as they continue to raise the bar to win with consumers and customers around the world and deliver sustained excellence.”
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