Mumbai-born Shailesh Jejurikar will take over as chief executive officer at Procter & Gamble (P&G) in January 2026 as part of a global succession plan, joining the growing league of Indians at the helm of global consumer firms.The world’s biggest consumer goods maker on Friday said its current CEO Jon R Moeller will become executive chairman.“Shailesh has been an integral part of P&G's leadership team with substantial contributions across multiple businesses and in both developed and developing regions, notably in fabric care and home care and most recently in P&G’s Enterprise markets. He has consistently delivered strong results in the businesses and markets he has led. Shailesh is an outstanding leader, and the company will benefit from his ongoing leadership to build on the strong foundation he has helped create,” Joe Jimenez, Lead Director of P&G’s Board, said.In April, P&G slashed its annual core earnings outlook, as the consumer goods giant flags the impact from rapid changes to US tariff policy amid weakening consumer sentiment.Jejurikar, who is 58 years old, currently serves as the chief operating officer of the company.“I am honored to serve as P&G’s CEO,” said Jejurikar. “P&G people, our brands, and our capabilities in innovation and operational excellence fuel my confidence for a future of sustained growth and value creation.”Jejurikar, the first COO at P&G, graduated in economics from the Mumbai University in 1987 and completed his post graduation from IIM Lucknow in 1989.He joined P&G in India from campus as assistant brand manager, personal healthcare and has worked across many roles across the globe over the past three decades. India has been a talent factory for P&G globally and one of the largest exporters of top talent to the parent globally. The maker of Tide detergent and Pantene shampoo has over 350 Indian expats in roles across the company.The elevation of Indian executives, many with stints in the local unit, reflects the increasing importance of the country for multinationals as markets in the West hit a plateau. India particularly is an important destination for these companies, given its prime demographics and faster population growth.The Cincinnati-based consumer goods maker counts India as among its top 10 markets globally.“If we project the population and the economic growth, it is only going to get better. And India will be a larger market and is going to organically grow dramatically,” Jejurikar had told ET in an earlier interview.
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