Procter & Gamble named Chief Operating Officer Shailesh Jejurikar as its next president and chief executive officer, effective 1 January 2026. Jejurikar, 58, will become the consumer-goods group’s first Indian-born CEO. Current chief executive Jon Moeller, who has led the company since 2021, will move to the role of executive chairman. The leadership transition was announced alongside fiscal fourth-quarter results showing net sales of $20.89 billion, up 2 % from a year earlier, and adjusted earnings per share of $1.48—both ahead of analyst estimates. Organic sales increased 2 %, supported by higher pricing, while net income reached $3.6 billion. For the year ended 30 June 2025, P&G generated $84.3 billion in revenue and core earnings of $6.83 per share, returning more than $16 billion to shareholders through dividends and buybacks. Looking to fiscal 2026, the Cincinnati-based company forecast core EPS of $6.83 to $7.09 and organic sales growth of up to 4 %. Management said U.S. tariffs on Chinese goods will raise costs by roughly $1 billion and noted a two-year restructuring plan that could cut up to 7,000 non-manufacturing jobs and cost $1 billion to $1.6 billion. Shares of P&G rose about 1 % in pre-market trading after the earnings beat and updated guidance.