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Matthew T. Farrell

Chairman of the Board of Directors, President and CEO (until April 2025) at CHURCH & DWIGHT CO INC /DE/
Board
Since January 2016
Age
67 years
Tenure
Joined CHD in September 2006 as Vice President and Chief Financial Officer, was promoted to Executive Vice President, Finance and Chief Financial Officer in 2007, served as Executive Vice President, Chief Operating Officer, and Chief Financial Officer from 2014 to 2015, assumed the role of President and CEO in January 2016, and was appointed Chairman in May 2019.

Also at CHURCH & DWIGHT CO INC /DE/

CH
Carlen Hooker
Executive Vice President, Chief Commercial Officer
PDdM
Patrick D. de Maynadier
Executive Vice President, General Counsel, and Secretary
RH
Rene Hemsey
Executive Vice President, Chief Human Resources Officer

About

Matthew T. Farrell has built an impressive career marked by a series of progressive leadership roles at CHD, starting from his entry as Vice President and Chief Financial Officer in September 2006. His career trajectory at the company includes pivotal promotions and executive responsibilities that have been critical to CHD’s strategic growth and market performance.

Throughout his tenure, he has overseen significant transitions and has played a central role in driving structural and operational improvements at the company. His appointment as President and CEO in January 2016, followed by his role as Chairman of the Board in May 2019, underscores his expertise in steering the company through complex financial and strategic initiatives.

While personal details and educational background are not disclosed, his impact at CHD is evidenced by major contributions to market capitalization growth and the successful integration of key acquisitions. His leadership is further complemented by his service on other boards, which highlights a broad commitment to corporate governance and industry advancement.

$CHD Performance Under Matthew T. Farrell

Past Roles

Organization Role Date Range Details
Church & Dwight Co., Inc. Executive Vice President, Chief Operating Officer, and Chief Financial Officer November 2014 to December 2015 Provided extensive experience in finance, operations, and strategic planning
Church & Dwight Co., Inc. Executive Vice President, Finance and Chief Financial Officer May 2007 to November 2014 N/A
Church & Dwight Co., Inc. Vice President and Chief Financial Officer September 2006 to May 2007 N/A
Alpharma Inc. Executive Vice President and Chief Financial Officer April 2002 to August 2006 N/A
Ingersoll-Rand Ltd. Vice President, Investor Relations & Communications July 2000 to April 2002 N/A
AlliedSignal Inc. Held various senior financial positions November 1994 to June 2000 N/A

External Roles

Organization Role Date Range Details
Trinseo PLC Member of the Board of Directors 2021 - Present Global materials supplier of latex binders, plastics, and specialty products

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary$1,189,800Annual (effective April 1, 2023)
Profit Sharing$140,013Annual
Savings Plan Contribution$16,500Annual
Deferred Compensation Contribution$65,379Annual
Charitable Donations$10,000AnnualDonations on behalf of Mr. Farrell
Executive Health Program$3,300Annual

Performance Compensation

Data from  FY 2023

Annual Incentive Plan (Non-Equity Incentive Plan)

MetricThresholdTargetMaximumActual PerformanceRatingAdditional Details
Net Sales$5,479M $5,708M $5,936M $5,868M 1.68
Relative Gross Margin<25th percentile 56th-60th percentile 80th percentile 72nd percentile 1.75
Diluted EPS$2.91 $3.03 $3.15 $3.17 2.00
Cash From Operations$833M $925M $1,018M $1,031M 2.00
Strategic InitiativesScale 0.75 N/AScale 1.25 1.10 1.10 Qualitative measure
  • Overall Performance Rating: 1.71
  • Actual Award Payment: $2,530,700
  • Award as Percentage of Opportunity: 171%

Performance Stock Units (PSUs)

ComponentDetails
Performance MetricTotal Shareholder Return (TSR) relative to a company-selected peer group
Threshold Payout0% if minimum TSR not achieved
Target Units9,780 PSUs
Maximum Units19,560 PSUs (200% of target)
Grant DateMarch 1, 2023
Grant Date Fair Value$1,084,845
Vesting ScheduleVest on later of March 1, 2026 or achievement certification
ConditionsContinued employment through vesting date

The Annual Incentive Plan and PSUs are key components of the performance compensation for 2023. The Annual Incentive Plan is based on multiple financial and strategic metrics with defined thresholds, targets, and maximums, while the PSUs tie award quantity to relative TSR achievement over a three-year period.