Jon Moeller will succeed David Taylor as P&G's CEO. Procter & Gamble's Board of Directors is naming Vice Chairman and Chief Operating Officer Jon R. Moeller as the company's next president and CEO. He succeeds David Taylor. The change takes effect Nov. 1, 2021, at which point Taylor will become executive chairman. In that role he'll lead the board of directors and "provide advice and counsel to the CEO and P&G leadership on company decisions," according to a statement from the Cincinnati-based consumer products corporation. “We thank David for his strategic leadership and guidance over the last six years as the Company has returned to consistent balanced growth and value creation," writes James McNerney, lead director of P&G's board. "A strong plan for sustained success is in place and the Board unanimously agrees that now is the time to transition to Jon as CEO. We are fortunate and grateful to have David continue as Executive Chairman."