P&G New Leader's Pay Nearly Doubles as Median Worker Pay Slumps

Procter & Gamble's newly appointed CEO Shailesh Jejurikar saw his pay nearly double when he was promoted to the top job at the consumer products giant. According to reports, Jejurikar's compensation package increased significantly after taking over as CEO.

The news comes amidst a restructuring effort by the company, which has led to a decline in median worker pay. The median employee salary at Procter & Gamble has reportedly slumped amid the restructuring process.