Procter & Gamble (PG) reported fourth quarter results, warning that it will take a $1 billion hit from tariffs in full-year 2026. The company also announced COO Shailesh Jejurikar will take over the CEO role from Jon Moeller on Jan. 1, 2026. Moeller will remain as the company’s executive chairman. He spoke to Yahoo Finance Executive Editor Brian Sozzi about the results and decision to step down.
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