financetom
Business
financetom
/
Business
/
Factbox-Recent leadership changes at global consumer goods companies
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Factbox-Recent leadership changes at global consumer goods companies
Jul 29, 2025 10:37 AM

(Reuters) -Procter & Gamble ( PG ) said on Monday CEO Jon Moeller is stepping away from the top job after four years in the role, and that he would be succeeded by Chief Operating Officer Shailesh Jejurikar.

The reshuffle in the top position comes amid a string of similar announcements from consumer-facing companies globally.

In the United States, companies are removing their CEOs at the fastest pace in two decades, with data showing that at least 41 CEOs have exited S&P 500 companies so far this year, compared with 49 for all of 2024.

Here are some examples of major CEO changes in the past year:

Company Details

Nestle Nestle in August 2024 ousted

CEO Mark Schneider and

appointed company veteran

Laurent Freixe to the role.

Unilever ( UL ) The company ousted chief

executive Hein Schumacher in

February, replacing him with

finance chief Fernando

Fernandez.

Kohls Kohl's fired CEO Ashley

Buchanan in May after an

investigation found he had

pushed for deals with a

vendor with whom he had a

personal relationship, after

little more than 100 days in

the position.

Stanley Black & Decker ( SWK ) The power tools maker, in

June, appointed operations

chief Christopher Nelson as

its next CEO and President,

effective October 1,

succeeding Donald Allan Jr.,

who is set to retire.

Hershey Hershey, in July, named

burger chain Wendy's chief

Kirk Tanner as its CEO,

effective August 18,

replacing Michele Buck, who

is set to retire.

Hindustan Unilever ( UL ) Hindustan Unilever, in July,

named Priya Nair as managing

director and CEO, replacing

Rohit Jawa well before the

completion of his five-year

term as the company's chief.

Kenvue ( KVUE ) The Band-Aid and Tylenol

maker fired its CEO Thibaut

Mongon in July, laying what

some investors expect will be

the groundwork for an

eventual sale of the entire

company or pieces of it, and

named director Kirk Perry as

interim CEO.

Diageo ( DEO ) The Johnnie Walker whisky and

Guinness beer maker's CEO,

Debra Crew, stepped down

after two years in the job in

July, with finance chief Nik

Jhangiani taking over in the

interim.

Procter & Gamble ( PG ) Procter & Gamble ( PG ) CEO said in

July that CEO Jon Moeller is

stepping away from the role;

to be succeeded by Chief

Operating Officer Shailesh

Jejurikar.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Guidewire Software Might Set New Long-Term Targets Showing Sustained Growth Momentum, Oppenheimer Says
Guidewire Software Might Set New Long-Term Targets Showing Sustained Growth Momentum, Oppenheimer Says
Oct 4, 2024
11:56 AM EDT, 10/04/2024 (MT Newswires) -- Guidewire Software ( GWRE ) might present new long-term financial targets during its Oct. 10 investor day, including a $2 billion annual recurring revenue in fiscal year 2030, Oppenheimer said Friday in a note. The firm also projects fiscal 2030 gross margin at mid-70% and operating cash flow margin at mid-30% for the...
Paycom Software Insider Sold Shares Worth $647,202, According to a Recent SEC Filing
Paycom Software Insider Sold Shares Worth $647,202, According to a Recent SEC Filing
Oct 4, 2024
05:32 PM EDT, 10/04/2024 (MT Newswires) -- Chad R. Richison, 10% Owner, Director, CEO, President and Chairman, on October 03, 2024, sold 3,900 shares in Paycom Software ( PAYC ) for $647,202. Following the Form 4 filing with the SEC, Richison has control over a total of 6,292,393 shares of the company, with 2,789,460 shares held directly and 3,502,933 controlled...
Procter & Gamble Insider Sold Shares Worth $345,913, According to a Recent SEC Filing
Procter & Gamble Insider Sold Shares Worth $345,913, According to a Recent SEC Filing
Oct 4, 2024
12:38 PM EDT, 10/04/2024 (MT Newswires) -- R. Alexandra Keith, CEO, Beauty, on October 03, 2024, sold 2,023 shares in Procter & Gamble ( PG ) for $345,913. Following the Form 4 filing with the SEC, Keith has control over a total of 26,769 shares of the company, with 15,775 shares held directly and 10,994 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/80424/000112760224025230/xslF345X05/form4.xml...
BRIEF-European Commission Approves Sale Of 42.06% Of Clasquin To SAS
BRIEF-European Commission Approves Sale Of 42.06% Of Clasquin To SAS
Oct 4, 2024
Oct 4 (Reuters) - Clasquin SA: * EUROPEAN COMMISSION AUTHORISATION DECISION ON THE SALE OF 42.06% OF THE SHARE CAPITAL OF CLASQUIN TO SAS SHIPPING AGENCIES SERVICES SÀRL * SAS IS DUE TO SUBMIT ITS DRAFT OFFER TO AMF BY 15 OCTOBER 2024 AT EARLIEST * SALE BY YVES REVOL AND OLYMP OF 42.06% CLASQUIN, AT EUR 142.03 PER SHARE,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved