Procter & Gamble (NYSE: PG) announced that Shailesh Jejurikar has been appointed Chairman of the Board, effective August 1, 2026, adding the role to his current position as President and Chief Executive Officer.

Executive Chairman Jon Moeller will retire from the board on July 31, 2026, and from P&G on August 14, 2026. Moeller served the company for 38 years, holding roles including Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer.

"Jon's strategic vision has been instrumental in shaping the company P&G is today, and we have benefited from his unwavering courage and his profound care for this institution and its people," Jejurikar said in a statement.

Jejurikar joined P&G in 1989 and has been part of the company's global leadership team since 2014. He has held senior roles across categories, sectors, and regions, with involvement in businesses including global Fabric Care and Home Care across North America, Europe, Asia, and Latin America. He has also led efforts in Supply Chain, Information Technology, and Global Business Services.