Procter & GAMBLE (PG) executive compensation, 2025 proxy

Jon R. Moeller, Chairman of the Board, President, and CEO, was paid $21.9M in 2024-25, down 5% from $23M the year before. The CEO-to-median-employee pay ratio was 276:1, on median employee pay of $79,510.

Filed
August 29, 2025
Annual meeting
October 14, 2025
Pay year
2024-25
Named executives
5
CEO total pay
$21.9M-5% vs prior year
CEO to median employee
276:1median $79,510
CEO pay in equity
83%$18.1M in awards
Prior say-on-pay support
91%of votes cast
CEO STAR target
200% of salaryTarget unchanged
CEO long-term award
$17,500,000Half PSP, half LTIP
Performance-based NEO pay
89%Four main compensation components
Long-term performance-based pay
89%Of performance-based compensation

How Moeller was paid

$21.9M in total for 2024-25, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Bonus9%Stock awards53%Option awards30%All other compensation1%

Named executive officers

ExecutiveTotal
Jon R. MoellerChairman of the Board, President, and CEO$21,909,816
Andre SchultenChief Financial Officer$8,515,506
Shailesh JejurikarChief Operating Officer$9,591,687
Jennifer L. DavisCEO - Health Care$6,040,046
Sundar RamanCEO - Fabric and Home Care$7,183,551

What changed and why

  • $21.9M$21,909,816 was CEO total compensation, down from $22,963,881 in FY 2023-24.
  • 57%$1,887,600 was the CEO’s STAR payout, approximately 57% of target.
  • $17.5M$17,500,000 was the CEO’s approved long-term incentive award.
  • 89%89% of the four main NEO compensation components was performance-based.
  • 89%89% of performance-based compensation was tied to long-term performance.
  • The CEO must maintain company stock and/or RSUs valued at eight times salary.

Other Procter & GAMBLE proxy statements

  • 2026 proxy statement

    Shailesh G. Jejurikar paid $19M (+98% on the year), pay ratio 278:1.

    Filed Aug 28, 2026

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.