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P&G CEO Pay Jumps Amid Worker Compensation Slump

Guavy AI Editorial Team
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Procter & Gamble CEO Shailesh Jejurikar's compensation nearly doubled to $17.9 million after his promotion in January, according to a government filing.

This marks a significant increase from his previous year's pay of $9.2 million as chief operating officer.

The median P&G worker's pay, however, dropped by 13.7% to $68,600 amid the company's restructuring efforts.

P&G has cut 5,000 jobs as part of its plan to reduce its workforce and focus on innovative new products.

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