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    Clorox Co (CLX)

    Leadership Changes

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    The Clorox Company is a leading multinational manufacturer and marketer of consumer and professional products, operating in approximately 25 countries and selling in over 100 markets. The company offers a variety of well-known brands, including Clorox® bleach and cleaning products, Pine-Sol® cleaners, Liquid-Plumr® clog removers, Glad® bags and wraps, Fresh Step® cat litter, Kingsford® grilling products, Hidden Valley® dressings, Brita® water-filtration products, and Burt's Bees® natural personal care products, among others . Clorox's business is organized into four reportable segments: Health and Wellness, Household, Lifestyle, and International .

    1. Health and Wellness - Focuses on cleaning and disinfecting products, including Clorox® bleach and Pine-Sol® cleaners.
    2. Household - Encompasses bags, wraps, cat litter, and grilling products, featuring brands like Glad® and Fresh Step®.
    3. Lifestyle - Includes food, water-filtration, and natural personal care products, with offerings such as Hidden Valley® dressings and Brita® water-filtration products.
    4. International - Comprises products sold outside the United States, extending the reach of Clorox's diverse product portfolio.
    NamePositionExternal RolesShort Bio

    Linda Rendle

    ExecutiveBoard

    Chair and Chief Executive Officer

    Board Member at Visa Inc.

    Joined CLX in 2003; became CEO in September 2020 and Chair in January 2024; instrumental in developing the IGNITE strategy.

    View Report →

    Angela Hilt

    Executive

    Executive Vice President – Chief Legal Officer

    None

    Joined CLX in 2005; oversees legal and corporate governance; held progressively senior legal roles within the company.

    Chau Banks

    Executive

    Senior Vice President – Chief Information and Data Officer

    None

    Joined CLX in 2020; oversees IT and enterprise analytics; previously held leadership roles at Revlon, New York & Company, and other global retailers.

    Chris Hyder

    Executive

    Executive Vice President and Group President – Health and Hygiene

    None

    Joined CLX in 2003; held leadership roles in cleaning and professional products divisions.

    Eric Reynolds

    Executive

    Executive Vice President – Chief Operating and Strategy Officer

    None

    Joined CLX in 1998; held leadership roles in marketing, international business, and strategy; added enterprise strategy responsibilities in 2024.

    Eric Schwartz

    Executive

    Senior Vice President – Chief Marketing Officer

    None

    Rejoined CLX in 2019; previously held marketing leadership roles at Tyson Foods and Henkel; became CMO in 2022.

    Gina Kelly

    Executive

    Senior Vice President – Chief Customer Officer

    None

    Joined CLX in 1988; held various leadership roles in sales and customer management, including VP of Ecommerce and Strategic Accounts.

    Kevin B. Jacobsen

    Executive

    Executive Vice President – Chief Financial Officer

    None

    Joined CLX in 1995; CFO since January 2019; held various senior finance roles, including VP of Financial Planning and Analysis.

    Kirsten Marriner

    Executive

    Executive Vice President – Chief People and Corporate Affairs Officer

    None

    Joined CLX in 2016; oversees HR and corporate affairs; previously held HR leadership roles at Omnicare and Fifth Third Bank.

    Luc Bellet

    Executive

    Executive Vice President – Chief Financial Officer (effective April 1, 2025)

    None

    Joined CLX in 2006; currently VP – Treasurer; instrumental in financial strategy and digital transformation efforts.

    Michael Ott

    Executive

    Senior Vice President – Chief Research & Development Officer

    None

    Joined CLX in 1996; held leadership roles in R&D and sustainability; instrumental in product innovation.

    Nina Barton

    Executive

    Executive Vice President and Group President – Care and Connection

    None

    Joined CLX in July 2024; previously CEO of Vytalogy Wellness LLC and held leadership roles at Kraft Heinz.

    Shanique Bonelli-Moore

    Executive

    Vice President – Chief Diversity and Social Impact Officer

    None

    Joined CLX in 2022; leads inclusion, diversity, equity, and social impact initiatives; previously held diversity leadership roles at United Talent Agency and BuzzFeed.

    Stacey Grier

    Executive

    Executive Vice President – Executive Chief of Staff

    None

    Joined CLX in 2016; previously Chief Growth and Strategy Officer and Chief Marketing Officer; extensive marketing leadership experience.

    1. Despite your efforts to restore supply and distribution post-cyber attack, certain brands like Litter and Kingsford are still underperforming; what specific strategies are you implementing to regain lost market share and fully capitalize on growth opportunities in these categories?
    2. Given the significant improvement in gross margins, why aren't you investing more aggressively in advertising and promotion to drive market share gains, especially when competitors are increasing their spend and your market share isn't where you'd like it to be?
    3. With the recent divestitures of Argentina and the VMS business, how confident are you in maintaining your 3% to 5% long-term organic sales growth target, and what key growth drivers will compensate for the loss of these businesses?
    4. Considering the increased promotional intensity in some of your categories and the ongoing pressure on consumer spending, how do you plan to balance pricing, promotions, and innovation to drive volume growth without compromising margins?
    5. The Burt's Bees brand has faced significant supply issues and heightened competition, leading to variability in distribution; what measures are you taking to address these challenges, and how do you plan to ensure Burt's Bees remains a growth-accretive asset in your portfolio?
    Program DetailsProgram 1 (2018 Open-Market)Program 2 (Evergreen)
    Approval DateMay 2018 August 1999
    End Date/DurationNo expiration date No expiration date
    Total additional amount$2,000 million No specified limit
    Remaining authorization$993 million Not applicable
    DetailsN/AReduce/eliminate dilution from stock compensation plans
    YearAmount Due (Millions)Debt TypeInterest Rate (%)% of Total Debt
    2024189 Notes and Loans Payable4.67 6.6 = (189 / 2,672) * 100
    N/A2,483 Long-Term DebtN/A93.0 = (2,483 / 2,672) * 100
    CustomerRelationshipSegmentDetails

    Walmart

    Largest single customer, purchases on individual sales orders

    All

    25% of CLX consolidated net sales in FY 2024 , which is $7,093 million total net sales , so Walmart’s share is approximately $1,773 million. In FY 2023: 26% , and in FY 2022: 25%. No long-term contract.

    NameStart DateEnd DateReason for Change
    Ernst & Young LLP2003 PresentCurrent auditor

    Recent developments and announcements about CLX.

    Earnings

    • New Earnings (Q2 2025)

      ·
      Feb 4, 2025, 4:08 AM

      CLX Q2 2025: Despite an 11% Household volume dip, strong Int’l & Professional segments offset pressure. Management eyes a 44% gross margin this year, 25–50 bps EBIT margin expansion from FY26, and 3–5% long-term sales growth, boosted by ERP-driven cost cuts.

      View full earnings summary →

    8-K Filings

    • 8-K Filing

      ·
      Feb 19, 2025, 9:34 PM
      Financial Exhibits
      Regulation FD Disclosure
      Leadership Changes

      The Clorox Company announced CFO Kevin Jacobsen will retire effective April 1, 2025 after nearly 30 years of service. Luc Bellet, currently VP – Treasurer, is appointed CFO with a base salary of $725K, plus RSU and performance share awards.

      View full 8-K filing →