Shailesh Jejurikar: In a first, P&G sends Indian to corner office
Shailesh Jejurikar
its chief executive effective next January, at a time when the maker of
Pantene
shampoo and Tide detergent is struggling to navigate slowing sales, changing trade policies and global economic headwinds.
The 58-year-old, currently chief operating officer at P&G, joins a growing league of Indians at the helm of multinationals.
Explore courses from Top Institutes in
Please select course:
Select a Course Category
Management
MCA
Finance
Cybersecurity
CXO
Operations Management
Technology
Healthcare
others
Data Science
Project Management
Product Management
PGDM
Design Thinking
Digital Marketing
healthcare
Public Policy
Artificial Intelligence
Data Analytics
Leadership
Others
Data Science
MBA
Degree
Skills you'll gain:
Duration:
9 Months
IIM Calcutta
CERT-IIMC APSPM India
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
11 Months
IIM Kozhikode
CERT-IIMK General Management Programme India
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
10 Months
IIM Kozhikode
CERT-IIMK GMPBE India
Starts on
undefined
Get Details
He will be the first Indian and Asian to head the US-based company in its 187-year-old history.
Jejurikar will replace Jon R Moeller, the Cincinnati company's CEO since November 2021 who will become executive chairman, P&G said late on Monday in the US.
Jejurikar
will be taking over the reins at a difficult time for the consumer goods sector. The company, considered to be a bellwether for the global
consumer economy
, has been flagging weak underlying consumption in the US, Europe, China and elsewhere, with no visibility on the timeline of recovery in the interim. In April, P&G slashed its annual core earnings outlook, citing the impact from rapid changes to the US tariff policy. As part of a two-year restructuring plan, it plans to cut about 7,000 jobs, reorganise the supply chain and exit certain brands and markets.
Indians at Helm
'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,' said Joe Jimenez, lead director of P&G's board. 'He has consistently delivered strong results where 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.'
P&G's board has also nominated Jejurikar to stand for election as a director at the annual shareholder meeting in October.
'I am honoured 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.'
Mahindra Group chairman Anand Mahindra posted on X, 'Shailesh Jejurikar's appointment as CEO proves yet again that Indian-American leaders can navigate not just tech, but the hearts and minds of US consumers.'
Born to corporate life
Jejurikar's family hails from Jejuri village in Maharashtra's Pune district. The younger of two sons of a senior executive at Imperial Chemical Industries, he spent his formative years in Mumbai and Hyderabad, with frequent trips to Kolkata, and Gomia in Jharkhand, where his father was posted.
He was a batchmate of Microsoft chief executive Satya Nadella at the Hyderabad Public School, which he represented at the under 17-cricket league.
'A fitness enthusiast and avid reader, he is also great at forging relationships," said Rajesh Jejurikar, his older brother, who is CEO of Mahindra Group's automotive and farm division. 'He is an extremely family-oriented and caring person and visits India at least thrice to spend time with our mother.'
Jejurikar's wife, Sankhya, is a visual artist. The couple has two sons, Shashank and Siddharth.
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 an assistant brand manager, personal healthcare, and has worked across many roles across the globe over the past three decades.
He is a firm believer in the India story.
'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 told ET during a 2023 interview. "India is now at a critical inflection point that will see the spurring of further economic growth and consumer opportunity."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
Contract manufacturing startup Zetwerk takes majority stake in KRYFS Power Components
Synopsis Mumbai-based KRYFS, which was set up in 1992, offers products, including CRGO laminations, transformer cores and tanks, turnkey solutions, and solar projects. Its 10 manufacturing plants across India will be integrated into Zetwerk's ecosystem. Meanwhile, Zetwerk serves over 2,000 customers through over 10,000 suppliers across India, the US, Vietnam, and Mexico.
Time of India
2 hours ago
- Time of India
Canada charts an Express Entry reset for 2026: A ‘leadership and innovation' category to be introduced
This is an AI-generated image, used for representational purposes only. Immigration, Refugees and Citizenship Canada (IRCC), the immigration agency of the Canadian government, has issued a draft for public consultation focused on the future of the Express Entry system, which is a popular pathway to permanent residency, especially for Indians. As per the discussion draft, the Express Entry system would continue to focus on addressing long-term labour market shortages and bolstering Francophone immigration outside Quebec. The most significant proposal is the introduction of an entirely new stream – the 'Leadership and Innovation' category, which would give preference to senior managers, researchers, and scientists with the potential to drive Canada's competitiveness. Through the Express Entry system, Canada is also eyeing potential talent for its armed forces by facilitating the recruitment of highly skilled military personnel from allied countries. Such a move, IRCC's discussion paper states, would help maintain a 'robust, world-class' defence force. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The state of AI infrastructure: 2025 research report CIO | Google Cloud, AMD Undo Express Entry is Canada's point-based mechanism used to manage immigration applications for skilled workers who want to become permanent residents. Based on various parameters such as age, education, French language proficiency etc, candidates are given a Comprehensive Ranking Score (CRS). Post this, they are placed in the Express Entry pool and ranked relative to each other. Periodical draws (the emphasis is now on category-based draws) are held and those attaining the cut-off CRS score get an invitation to apply for permanent residency. According to Talha Mohani, a regulated Canadian immigration consultant and managing partner at Migration Bureau Canada, the policies should also focus on job creation. 'The 'Leadership and Innovation' category must explicitly include proven entrepreneurs and investor founders. The Express Entry's category mechanism should ideally invite higher-impact business immigrants (senior managers, founders with traction, investor families) into dedicated draws. In parallel, there is a need to introduce a 'temporary business resident pathway' granting temporary status with healthcare and education access to dependents while the entrepreneur meets measurable milestones (based on job creation and/or investments) to achieve permanent residence,' he told TOI. Labour shortages remain a priority: The discussion draft acknowledges Canada's ongoing struggle to fill skilled positions in healthcare, the skilled trades (particularly construction roles critical to boosting housing supply), education, science, technology, engineering and mathematics (STEM) fields, and agriculture. It adds that tackling these shortages is vital. Through the consultation process, IRCC is seeking input on whether Express Entry should focus more on transitioning skilled temporary residents already in Canada to permanent status, or on recruiting from overseas, especially in sectors such as healthcare and skilled trades. According to Ken Nickel-Lane, a regulated Canadian immigration consultant and founder of an immigration services firm, 'The focus on those already in Canada already continues to make good sense, given issues around housing and healthcare. Category-based selection draws are still fundamentally a good approach to addressing near-term needs for specific skills shortages across the country, but the categories should be reviewed more frequently.' In March 2025, Canada removed the additional Comprehensive Ranking System (CRS) points awarded for job offers under the Express Entry system. Prior to this change, job offers could grant candidates either 50 or 200 extra points Nickel-Lane states that'Prioritising the selection of senior managers should not merely translate to creating another category for Express Entry draws for those outside Canada. Rather, points for job offers should be resumed for those already in the country on work permits under the International Mobility Program - these are the people companies need here long term to build on their growth plans.' Francophone immigration targets: The discussion draft reaffirms Canada's commitment to boosting Francophone immigration outside Quebec, which the government sees as a driver of both cultural diversity and economic strength. Manish Kapoor, a regulated Canadian immigration consultant, points out that since the introduction of category-based draws in 2023, the Francophone stream has grown at the fastest pace, recording the highest numbers within category-based selection and accounting for a substantial portion of immigration targets. 'While I do not oppose this focus, I suggest reinstating transport occupations in the category-based draws, as its contributions to the national economy are significant. I believe IRCC should consider adjusting next year's targets to conduct STEM, transport, and trades draws,' he told TOI. The road ahead: IRCC is calling for public feedback on these proposals through September, with final decisions expected in late fall 2025, parallel to the unveiling of the 2026–2028 Immigration Levels Plan. The immigration levels plan at present has set the targets at 3.95 lakh permanent residents in 2025; 3.80 lakh for 2026; and aims to have a further reduced target of 3.65 lakh in 2027. It also supports efforts to reduce temporary resident volumes to 5% of Canada's population by the end of 2026. The number of temporary residents in Canada has grown exponentially over the last few years, from about 437,000 individuals in 2019 alone to about 1.2 million (12 lakhs) in 2023.
NDTV
2 hours ago
- NDTV
Want To Settle Abroad? Malta Is Offering A Permanent Residence Programme
If you want to live by the Mediterranean Sea, Malta is offering Permanent Residence Programme (MPRP) that allows non-EU citizens to get permanent residency in Malta through investment, offering benefits like living, working and studying in Malta. For this visa, you will have to combine property investment or rental with government contributions. Getting this visa also means that you will be allowed visa-free travel across the Schengen Area. Who Is Eligible All non-EU citizens, including Indians. People who are 18 years old or above. No criminal record. Either €500,000 (Rs 5,10,06,000 approx.) in total assets or €650,000 ( Rs 6,63,07,800 approx.) in total assets Financial Requirements You will need to buy a property for at least €3,75,000 (Rs 3,82,54,500 approx.) or rent a property for five years for €14,000 (Rs 14,28,168 approx.) per year. You may have to pay additional costs in the form of government contribution: €80,000 (Rs 81,60,960 approx.) and €110,000 (Rs 1,12,21,320 approx.) Documents Required A valid passport and completed application forms. Biometric data and passport-sized photographs. Proof of residential address. Bank statements and asset verification. Health insurance covering Malta. Police clearance certificate. Marriage or birth certificates (if applying with family). Certified English or Maltese translations and notarization of documents. Declaration of intent to reside permanently in Malta. How To Apply Gather and prepare all the documents mentioned above. Submit the application and pay €15,000 (Rs 15,30,180 approx.) fee. The Residency Malta Agency will conduct a thorough due diligence check which includes verifying your information. Once approved, you will have to fulfill the investment requirements. Make the investment, government contribution and NGO donation. You should receive your residency card within 6-12 months.
