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Procter & Gamble Executive Compensation (FY25)

PG · Cincinnati, OH · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (DEF 14A): August 28, 2026
395 figures on this page: 390 cited to the filing that reported them, 5 calculated from figures it prints. See the citations
The disclosed peer group includes 3M, Abbott Laboratories, Boeing, Chevron and Coca-Cola, among others. Separately, the Peer Group for Relative Organic Sales Growth and TSR Multiplier (FY2024-27) includes Beiersdorf, Essity, Henkel, Kao and L'Oreal, among others. Total compensation for Jon Moeller, Chairman of the Board, President and Chief Executive Officer, came to $21,909,816 in fiscal 2025, and the company reported a chief executive pay ratio of 276:1 for fiscal 2025, against median employee compensation of $79,510. The say-on-pay proposal drew 92.2% of votes cast for or against in favor at the meeting held October 14, 2025 for fiscal 2025.
Chief executive, fiscal 2025
◇
Jon Moeller
Latest say-on-pay support
=
October 14, 2025
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jon Moeller: $22,963,881 → $21,909,816 (4.6% lower)
CEO pay ratio: 329:1 → 276:1 (16.1% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Procter & Gamble's chief executive and what were they paid?
Total compensation for Jon Moeller, Chairman of the Board, President and Chief Executive Officer, came to $21,909,816 in fiscal 2025. Compared with the $22,963,881 reported for fiscal 2024, Moeller's total was 4.6% lower.
What was Procter & Gamble's say-on-pay result?
The say-on-pay proposal drew 92.2% of votes cast for or against in favor at the meeting held October 14, 2025 for fiscal 2025.
Which companies are in Procter & Gamble's peer group?
The disclosed peer group includes 3M, Abbott Laboratories, Boeing, Chevron and Coca-Cola, among others. The Peer Group for Relative Organic Sales Growth and TSR Multiplier (FY2024-27) includes Beiersdorf, Essity, Henkel, Kao and L'Oreal, among others. The Peer Group for Relative Organic Sales Growth and TSR Multiplier for FY 2024-27 Performance Period names Church & Dwight, Clorox, Edgewell, Haleon and Kenvue, among others.
What is Procter & Gamble's chief executive pay ratio?
The company reported a chief executive pay ratio of 276:1 for fiscal 2025, against median employee compensation of $79,510.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jon R. Moeller
Chairman of the Board, President and Chief Executive Officer
◇◇◇◇——◇◇
R. Alexandra Keith
CEO - Beauty
◇◇◇◇——◇◇
Shailesh Jejurikar
Chief Operating Officer
◇◇◇◇——◇◇
Ma. Fatima D. Francisco
CEO - Baby, Feminine, and Family Care
◇◇◇◇——◇◇
Andre Schulten
Chief Financial Officer
◇◇◇◇——◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jon Moeller
Chairman of the Board, President and Chief Executive Officer
◇◇◇◇——◇◇
Shailesh Jejurikar
Chief Operating Officer
◇◇◇◇——◇◇
Andre Schulten
Chief Financial Officer
◇◇◇◇◇◇◇◇
R. Alexandra Keith
Chief Executive Officer - Beauty
◇◇◇◇——◇◇
Ma. Fatima Francisco
Chief Executive Officer - Baby, Feminine, and Family Care
◇◇◇◇◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jon R. Moeller
Chairman of the Board, President and Chief Executive Officer
◇◇◇◇——◇◇
Shailesh Jejurikar
Chief Operating Officer
◇◇◇◇◇◇◇◇
Andre Schulten
Chief Financial Officer
◇◇◇◇◇◇◇◇
Ma. Fatima Francisco
Chief Executive Officer - Baby, Feminine, and Family Care
◇◇◇◇◇◇◇◇
R. Alexandra Keith
Chief Executive Officer - Beauty
◇◇◇◇——◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jon Moeller
Chairman of the Board, President and Chief Executive Officer
◇◇◇◇——◇◇
Shailesh Jejurikar
Chief Operating Officer
◇◇◇◇◇◇◇◇
Andre Schulten
Chief Financial Officer
◇◇◇◇◇◇◇◇
Sundar Raman
Chief Executive Officer - Fabric and Home Care
◇◇◇◇◇◇◇◇
Jennifer Davis
Chief Executive Officer - Health Care
◇◇◇◇——◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Andre SchultenOPTION◇——◇—◇◇
Andre SchultenRSU◇——◇——◇
Andre SchultenPSU◇——◇——◇
Jennifer DavisPSU◇——◇——◇
Jennifer DavisOPTION◇——◇—◇◇
Jennifer DavisRSU◇——◇——◇
Jon MoellerPSU◇——◇——◇
Jon MoellerRSU◇——◇——◇
Jon MoellerOPTION◇——◇—◇◇
Jon MoellerRSU◇——◇——◇
Shailesh JejurikarPSU◇——◇——◇
Shailesh JejurikarRSU◇——◇——◇
Shailesh JejurikarOPTION◇——◇—◇◇
Shailesh JejurikarOPTION◇——◇—◇◇
Sundar RamanPSU◇——◇——◇
Sundar RamanRSU◇——◇——◇
Sundar RamanOPTION◇——◇—◇◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jennifer DavisOption◇—◇09/29/2034
Option◇—◇10/01/2035
Option◇—◇09/30/2033
Option◇—◇09/30/2033
Option◇—◇10/01/2030
Option◇—◇10/01/2030
Option◇—◇10/01/2031
Option◇—◇10/01/2032
Option◇—◇10/01/2032
Option◇—◇02/28/2029
PSU◇◇——
Option◇—◇02/28/2030
PSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇—
Option◇—◇09/29/2034
Option◇—◇02/28/2030
Sundar RamanOption◇—◇10/01/2035
Option◇—◇09/29/2034
Option◇—◇09/30/2033
Option◇—◇10/01/2030
Option◇—◇10/01/2031
Option◇—◇10/01/2032
Option◇—◇02/28/2029
PSU◇◇——
PSU◇◇——
Option◇—◇02/28/2030
Andre SchultenOption◇—◇10/01/2035
Option◇—◇09/29/2034
Option◇—◇09/30/2033
LTIP◇◇——
Option◇—◇09/15/2032
PSU◇◇——
PSU◇◇——
Option◇—◇02/26/2027
Option◇—◇02/28/2028
Option◇—◇10/01/2032
Option◇—◇10/01/2031
Jon MoellerOption◇—◇10/01/2035
Option◇—◇09/29/2034
LTIP◇◇——
Option◇—◇10/01/2031
Option◇—◇10/01/2030
PSU◇◇——
PSU◇◇——
Option◇—◇10/01/2032
Option◇—◇09/30/2033
Shailesh JejurikarOption◇—◇10/01/2035
Option◇—◇09/14/2035
Option◇—◇09/13/2034
Option◇—◇09/29/2034
Option◇—◇09/30/2033
Option◇—◇09/15/2031
Option◇—◇10/01/2030
Option◇—◇09/15/2032
Option◇—◇09/13/2030
LTIP◇◇——
PSU◇◇——
Option◇—◇02/28/2028
Option◇—◇02/28/2029
PSU◇◇——
Option◇—◇10/01/2031
Option◇—◇10/01/2032
Option◇—◇02/28/2030
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Joseph Jimenez
Lead independent director
◇◇————◇
Christine M. McCarthy
◇◇————◇
Terry J. Lundgren
◇◇————◇
Amy L. Chang
◇◇————◇
Patricia A. Woertz
◇◇————◇
Ashley McEvoy
◇◇————◇
Sheila Bonini
◇◇————◇
Rajesh Subramaniam
◇◇————◇
Robert Portman
◇◇————◇
B. Marc Allen
◇◇————◇
Debra L. Lee
◇◇————◇
M. Brett Biggs
◇◇————◇
Christopher Kempczinski
◇◇————◇
Craig Arnold
◇◇————◇
Shailesh Jejurikar and Jon R. Moeller served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 6x annual retainer ($720,000)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • 3M MMM
  • Abbott Laboratories ABT
  • Boeing BA
  • Chevron CVX
  • Coca-Cola KO
  • Colgate-Palmolive CL
  • ExxonMobil XOM
  • Home Depot HD
  • HP HPQ
  • Intel INTC
  • Johnson & Johnson JNJ
  • Kimberly-Clark KMB
  • McDonald's MCD
  • Merck MRK
  • Microsoft MSFT
  • Mondelez MDLZ
  • Nike NKE
  • PepsiCo PEP
  • Pfizer PFE
  • Thermo Fisher Scientific TMO
  • Verizon VZ
  • Walmart WMT
Peer Group for Relative Organic Sales Growth and TSR Multiplier (FY2024-27)
  • Beiersdorf BDRFF
  • Essity symbol not shown
  • Henkel symbol not shown
  • Kao symbol not shown
  • L'Oreal symbol not shown
  • Reckitt-Benckiser RBGLY
  • Unicharm symbol not shown
Peer Group for Relative Organic Sales Growth and TSR Multiplier for FY 2024-27 Performance Period
  • Church & Dwight CHD
  • Clorox CLX
  • Edgewell EPC
  • Haleon HLN
  • Kenvue KVUE
  • Unilever UL

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025October 14, 2025=◇◇◇
2024October 8, 2024=◇◇◇
2023October 10, 2023=◇◇◇
2022October 11, 2022=◇◇◇
2021October 12, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Procter & Gamble disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Procter & Gamble sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
395 figures on this page: 390 cited to the filing that reported them, 5 calculated from figures it prints.
390 cited to the filing
5 calculated from the filing

Documents cited

  1. 0001193125-26-372211
    Director Compensation
  2. 0000080424-25-000235
    Item 5.07 Submission of Matters to a Vote of Security Holders
  3. 0001193125-25-191749
    DIRECTOR COMPENSATION · Grants of Plan-Based Awards Table · Pay Ratio · Summary Compensation
  4. 0000080424-24-000100
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001193125-24-205691
    Summary Compensation
  6. 0000080424-23-000090
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001193125-23-220645
    Summary Compensation
  8. 0000080424-22-000086
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000080424-21-000116
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Procter & Gamble executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PG (accessed 2026).
Short form: data: Velarion
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Peers Procter & Gamble discloses

The companies named in PG's own disclosed peer group.

3MAbbott LaboratoriesBoeingChevronCoca-ColaHome DepotIntelJohnson & JohnsonMcDonald'sMerckMicrosoftNikePfizerWalmart

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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