Procter & Gamble vs Walmart: Founders, CEOs and History
Procter & Gamble was founded in 1837 by William Procter, James Gamble and is led by Shailesh Jejurikar. Walmart was founded in 1962 by Sam Walton and is led by John Furner.
Company facts
Procter & Gamble
- Founded
- 1837
- Headquarters
- Cincinnati, Ohio, United States
- Current CEO
- Shailesh Jejurikar
- Employees
- 109,000
Walmart
- Founded
- 1962
- Headquarters
- Bentonville, Arkansas
- Current CEO
- John Furner
- Employees
- 2,100,000
Founders
Procter & Gamble
William Procter
William Procter was an English-born candlemaker who settled in Cincinnati, Ohio, and built a candle-making business there. In 1837, on the advice of his father-in-law, he went into partnership with his brother-in-law James Gamble to form Procter & Gamble.
James Gamble
James Gamble was an Irish-born soap maker in Cincinnati who joined William Procter in 1837 to form Procter & Gamble. He concentrated on soap formulation and efficient production, and the company later launched Ivory Soap, known for floating in water.
Walmart
Sam Walton
Sam Walton opened the first Walmart Discount City in Rogers, Arkansas in 1962 and built the company around low prices, low costs, and its own distribution network. He served as CEO until 1988 and remained chairman until his death in 1992.
CEOs and their tenures
Procter & Gamble
- Jon Moeller2021–2026
Chief Executive Officer; later Executive Chairman
As CFO and later CEO, he successfully stabilized P&G's declining revenue by enforcing strict pricing power during severe global inflation.
Source - Andre Schulten2021–present
Chief Financial Officer
As CFO, he maintained the company's industry-leading gross margins and managed the complex financial exit from the Russian market in 2022.
Source - Shailesh Jejurikar2026–present
President and CEO
Mumbai-born P&G veteran of more than 37 years who previously led Fabric & Home Care and served as Chief Operating Officer.
Source
Walmart
- Sam Walton1962–1988
Founder and CEO
Founded Walmart and set its low-price, low-cost operating approach.
Source - Doug McMillon2014–2026
Former President and CEO
Led Walmart's push into ecommerce, marketplace, advertising, and store-fulfilled delivery, and oversaw the Jet.com, Flipkart, and VIZIO deals.
Source - Greg Penner2015–present
Chairman of the Board
He successfully managed the transition of corporate leadership to Doug McMillon and actively oversees the Walton family's controlling stake in the retail giant.
Source - John David Rainey2022–present
Executive Vice President and CFO
As CFO, he aggressively executed multi-billion-dollar share repurchases while funding massive capital expenditures for store remodels and automation.
Source - John Furner2026–present
President and CEO
Became President and CEO on February 1, 2026, succeeding Doug McMillon. He reshaped the executive team with internal promotions in January 2026.
Source - David Guggina2026–present
President and CEO, Walmart U.S.
As head of supply chain operations, he modernized the underlying logistics network that allowed Walmart to successfully compete with Amazon's two-day delivery speeds.
Source
Timeline: Procter & Gamble and Walmart side by side
1837Procter & Gamble
Company Founded in Cincinnati
William Procter and James Gamble sign a partnership agreement on October 31, 1837, establishing Procter & Gamble in Cincinnati, Ohio, with combined capital of approximately 7,192 dollars.
1862Procter & Gamble
Civil War Army Contracts Fuel Expansion
P&G wins contracts to supply the Union Army with soap and candles, generating significant revenue that enables manufacturing expansion and introduces millions of American soldiers to P&G products for the first time.
1882Procter & Gamble
Ivory Soap Launches Nationally
Harley Procter and James Norris Gamble introduce Ivory soap, promoted as 99 and 44/100 percent pure and notable for its floating characteristic.
1890Procter & Gamble
Company Incorporates and Expands Nationally
Procter & Gamble incorporates in Ohio with capital of 4.5 million dollars and begins building manufacturing capacity outside Cincinnati, establishing the operational infrastructure for national distribution that the Ivory soap advertising campaign had created…
1911Procter & Gamble
Crisco Shortening Introduced
P&G launches Crisco vegetable shortening, the first hydrogenated vegetable oil product marketed to American consumers as an alternative to lard and butter.
1931Procter & Gamble
Brand Management System Invented
P&G executive Neil McElroy writes a famous internal memo proposing that each brand have its own dedicated management team responsible for competing against all rivals including other P&G brands.
1946Procter & Gamble
Tide Detergent Launches
P&G introduces Tide synthetic detergent, which rapidly becomes the best-selling laundry product in the United States and establishes the template for all future P&G brand development: superior product performance, heavy consumer advertising, and sustained mark…
1961Procter & Gamble
Pampers Diapers Introduced
P&G introduces Pampers disposable diapers, transforming the infant care category and creating what will become one of the company's most globally significant brands.
1962Walmart
First Walmart Opens
Sam Walton opens the first Walmart Discount City in Rogers, Arkansas.
1970Walmart
Walmart Goes Public
Walmart sells shares to the public to fund expansion.
1983Walmart
Sam's Club Launches
The first Sam's Club warehouse club opens in Midwest City, Oklahoma.
1988Walmart
First Supercenter and New CEO
Walmart opens its first supercenter, and David Glass succeeds Sam Walton as CEO.
2000Walmart
Lee Scott Becomes CEO
Lee Scott succeeds David Glass as CEO.
2005Procter & Gamble
Gillette Acquired for 57 Billion Dollars
P&G completes the acquisition of Gillette Company for approximately 57 billion dollars in an all-stock transaction, adding Gillette razors, Braun appliances, Oral-B dental products, and Duracell batteries to the P&G portfolio.
2014Procter & Gamble
Portfolio Transformation Announced
CEO A.G. Lafley announces P&G's plan to divest more than 100 brands and focus the company on approximately 80 core brands in ten product categories.
2014Walmart
Doug McMillon Becomes CEO
Doug McMillon, who started as an hourly associate in 1984, becomes CEO.
2016Walmart
Jet.com Acquisition
Walmart buys Jet.com for about $3.3 billion to strengthen its U.S. ecommerce team.
2018Walmart
Flipkart Investment
Walmart acquires a majority stake in Flipkart for about $16 billion.
2019Procter & Gamble
Portfolio Simplification Completed
P&G completes the brand portfolio simplification, having divested more than 100 brands and consolidated around approximately 65 core brands.
2024Procter & Gamble
Fiscal Year 2024 Net Sales Reach Approximately 84 Billion Dollars
P&G reports fiscal year 2024 net sales of $84.0 billion and net earnings attributable to P&G of about $14.9 billion, and raises its quarterly dividend 7% to $1.0065 per share, its 68th consecutive annual increase.
2024Walmart
VIZIO Acquisition
Walmart completes its $2.3 billion purchase of smart-TV maker VIZIO to expand its advertising business.
2026Walmart
John Furner Becomes CEO
John Furner succeeds Doug McMillon as President and CEO effective February 1, 2026; David Guggina takes over Walmart U.S.
2026Walmart
Q2 FY27 Results
Walmart reports Q2 FY27 revenue of $187.9 billion, up 5.9%, and raises full-year sales and operating income guidance.
Acquisitions
Procter & Gamble
- Gillette2005$57B
- Gillette2005Undisclosed
- Richardson-Vicks1985$1.2B
Questions about Procter & Gamble vs Walmart
Who is the CEO of The Procter & Gamble Company and Walmart Inc.?
The Procter & Gamble Company is led by Shailesh Jejurikar and Walmart Inc. is led by John Furner. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was The Procter & Gamble Company founded vs Walmart Inc.?
The Procter & Gamble Company was founded in 1837 — 125 years before Walmart Inc., which was founded in 1962. The Procter & Gamble Company's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Walmart Inc..
How many employees does The Procter & Gamble Company have compared to Walmart Inc.?
The Procter & Gamble Company employs approximately 109,000 people, while Walmart Inc. employs approximately 2,100,000. Walmart Inc. has the larger workforce at 2,100,000 employees, compared to The Procter & Gamble Company's 109,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are The Procter & Gamble Company and Walmart Inc. headquartered?
Both The Procter & Gamble Company and Walmart Inc. are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded The Procter & Gamble Company and Walmart Inc.?
The Procter & Gamble Company was founded by William Procter, James Gamble. Walmart Inc. was founded by Sam Walton.
Which company has a longer operating history — The Procter & Gamble Company or Walmart Inc.?
The Procter & Gamble Company has been operating for approximately 189 years, making it the more established of the two companies. Walmart Inc. has been in operation for around 64 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Procter & Gamble vs Walmart overview