P&G names Andre Schulten as CFO
Procter & Gamble announced it has named a new chief financial officer, stepping in for Jon Moeller, who has held that role for more than a decade. P&G named Andre Schulten as its incoming CFO, effective March 1, 2021. Moeller will remain as vice chairman and COO at P&G, in charge of the company’s enterprise markets and other functional and operational areas.
Schulten currently serves as the senior vice president overseeing baby care for North America. He joined Procter & Gamble in 2009 as finance manager for global P&G prestige, becoming vice president of finance for Europe the following year.
Schulten became vice president of finance for global baby care in 2014, adding the feminine and family care sectors in 2016. He took his current role in 2018, when he moved to Cincinnati from Geneva, Switzerland. He will report to CEO David Taylor
Schulten graduated from the University of Münster, with a Diplom Kaufmann in business and operations research.
Moeller will continue on in his role as COO of P&G, which he joined in 1988. He rose through the ranks to become manager of finance for global beauty, feminine care and health care in 2003, taking on a variety of vice president-level financial roles before becoming treasurer in 2007 and chief financial officer in 2009.
Moeller added vice chairman to his roles in 2017 and then COO in 2019.
Procter & Gamble is the creator and manufacturer of consumer brands like Always, Ariel, Bounty, Charmin, Dawn, Downy, Febreze, Gillette, Head & Shoulders, Olay, Pampers and Tide. It is Cincinnati’s second-largest public company by revenue, behind Kroger, reporting $67.68 billion in 2019 revenue, according to Courier research.
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