<h1>Corporate leadership succession signals appointment of new CEO effective next year, with board nomination for director election.</h1> Appointment of India-born Shailesh Jejurikar as Chief Executive Officer of Procter & Gamble constitutes a corporate leadership succession in which the board has named him to succeed the incumbent CEO with a specified effective date and has nominated him to stand for election as a director at the upcoming shareholder meeting, reflecting board-level governance steps to effect the management transition.