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

·1 min read
Procter & Gamble names Jon Moeller its new CEO, effective in November
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Procter & Gamble Co. 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