P&G appoints Jon R. Moeller as President and Chief Govt Officer
Mr. Taylor will chair the board of directors and advise the CEO and P&G leadership on corporate decisions
The Procter & Gamble Company announced that Jon R. Moeller, Vice Chairman and Chief Operating Officer, will succeed David Taylor as President and Chief Executive Officer of Procter & Gamble effective November 1, 2021.
Mr. Moeller was appointed to the company’s board of directors. On November 1, 2021, David Taylor will become Executive Chairman of Procter & Gamble. In this role, Mr. Taylor will lead the Board of Directors and advise and advise the CEO and leadership of P&G on corporate decisions.
James McNerney, Lead Director of the P&G Board of Directors, said, “We thank David for his strategic leadership and leadership over the past six years as the company has returned to constant balanced growth and value creation. A strong plan for sustainable success is in place and the board unanimously agrees that now is the time to move to Jon as CEO. We are happy and grateful to have David as Executive Chairman. “
Mr. McNerney expressed the Board’s confidence in Jon Moeller. “Jon has been an integral part of the P&G executive team for more than two decades, helping develop the strategies that P&G employees execute with excellence to drive P & G’s growth and value. He is a great leader and the company will benefit from his continued leadership to build on the strong momentum he has helped build over the past few years. “
Mr. Moeller joined P&G in 1988. He has been a member of P & G’s global leadership team since 2009 as Chief Financial Officer, Chief Operating Officer and Vice-Chairman. Over the course of his career, he has held a variety of senior leadership positions in categories, sectors and regions and has helped build several of P & G’s core businesses. Mr. Moeller played a crucial role in the design and implementation of P & G’s portfolio, superiority, productivity and organizational design strategy as part of one of the most significant transformations in the company’s history.
“I am honored to be CEO of P&G,” said Moeller. “My trust in the future is rooted in my trust in the people at P&G. They strive to lead, are motivated to win, and have a strong focus on sustainable excellence in everything we do – serving consumers and serving shareholders through an integrated strategy that delivers balanced growth and value . “
In addition, Shailesh Jejurikar was elected Chief Operating Officer effective October 1, 2021. Mr. Jejurikar will report to Mr. Moeller and his successor will be announced at a later date. He is currently the chief executive officer of Fabric & Home Care, P & G’s largest business unit that has consistently achieved industry-leading results.
“It has been a lifelong honor to be CEO of P&G and I am incredibly grateful for the support from the board, leadership team and P&G people everywhere at P&G. Together we have built strong momentum through an integrated strategy that is executed with excellence, ”said Taylor. “The board and I are confident that the time has come to change the role of CEO and I look forward to helping Jon, Shailesh and the entire team raise the bar further to meet with consumers and customers to win all over the world and to deliver sustainably. “Excellence.”
