Highly Capable and Experienced Leadership Going Forward
On July 28, we announced that I will transition into the role of Executive Chairman of the Board beginning January 1, 2026, and that the Board of Directors has elected Shailesh Jejurikar as the incoming President and Chief Executive Officer.
This move has been thoughtfully planned and provides P&G with highly capable and experienced leadership going forward.
Shailesh has a distinguished track record throughout his 36-year P&G career and has been an integral part of P&G’s leadership team for the past 12 years. He has delivered substantial contributions across multiple businesses and in both Focus and Enterprise markets, including regional and global leadership of our Fabric and Home Care categories. Most recently, Shailesh served as Chief Operating Officer with profit and loss ownership for our Enterprise markets business, along with management responsibilities for our Product Supply, Market Operations, Global Business Services and IT organizations.
Shailesh has been a partner in advocating for a focus on balanced top- and bottom-line growth and the need for P&G brands to lead the growth of our markets — growing markets versus simply taking business to build market share. These fundamentals guide our decision making as we execute our integrated growth strategy and drive value creation for shareowners.
Our strategy is working, and our leadership bench is strong. As we cross the next calendar year, it is a good time to transition to the next generation to lead the P&G team through its next chapter of top- and bottom-line growth and value creation.
VARIOUS STATEMENTS IN THIS ANNUAL REPORT, including estimates, projections, objectives and expected results, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are generally identified by the words “believe,” “expect,” “anticipate,” “intend,” “opportunity,” “plan,” “project,” “will,” “should,” “could,” “would,” “likely” and similar expressions. Forward-looking statements are based on current assumptions that are subject to risks and uncertainties that may cause actual results to differ materially from the forward-looking statements, including the risks and uncertainties discussed in Item 1A – Risk Factors of the Form 10-K included in this Annual Report. Such forward-looking statements speak only as of the date they are made, and we undertake no obligation to update or revise publicly any forward-looking statements, except as required by law.