Market Pulse Archives

July 29, 2021, 5:30 p.m. EDT

Procter & Gamble names Jon Moeller its new CEO, effective in November

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Procter & Gamble Co. (PG)

or Cancel Already have a watchlist? Log In

By Claudia Assis

PG

Procter & Gamble Co. /zigman2/quotes/202894679/composite PG -0.46% said late Thursday that Chief Operating Officer Jon R. Moeller will succeed David Taylor as the consumer-products giant's chief executive officer, effective Nov. 1. At that date, Taylor will become Procter & Gamble's executive chairman, tasked with leading the board and "provide advice and counsel to the CEO and P&G leadership on company decisions," Procter & Gamble said. Moeller joined the company in 1988 and served as chief financial officer as well. The company said that Shailesh Jejurikar will take the post of chief operating officer on Oct. 1, reporting to Moeller. Jejurikar is the CEO of the company's fabric & home care unit, Procter & Gamble's largest. Shares of Procter & Gamble were flat in the extended session Thursday after ending the regular trading day up 0.5%.

/zigman2/quotes/202894679/composite
US : U.S.: NYSE
$ 143.52
-0.67 -0.46%
Volume: 1.74M
Sept. 24, 2021 12:10p
P/E Ratio
26.14
Dividend Yield
2.42%
Market Cap
$350.14 billion
Rev. per Employee
$753,644
loading...

Get news alerts on Procter & Gamble Co. — or create your own.
This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.