Clorox Board of Directors to Initiate Comprehensive CEO Search Process
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4%
Revenue Growth %: -4.5%
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Chair and CEO
"Linda has been an exceptional CEO for Clorox, steering the company through a period of significant transformation and volatility," said
"Serving as CEO of Clorox for the past six years—and being part of this special company for more than two decades—has truly been the privilege of my career," said Rendle. "This was an incredibly difficult and deeply personal decision but after thoughtful reflection, I believe now is the right time to begin working toward a leadership transition so I can focus more fully on my health and family once a successor is appointed.
I remain fully committed to leading Clorox in the coming months through this transition and ensuring a smooth handoff to the company's next leader. I'm proud of what our team has accomplished during one of the most consequential periods in the company's history. Our experienced management team remains fully focused on strengthening execution, advancing innovation and delivering superior customer value as we continue to restore profitable growth and market share. While the operating environment remains challenging, I'm confident the actions we are executing today are positioning Clorox for long-term success."
Rendle posted a personal message regarding her decision on the company's website.
Rendle and Chief Financial Officer
About The Clorox Company
The Clorox Company (NYSE: CLX) champions people to be well and thrive every single day. Headquartered in
CLX-F
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SOURCE The Clorox Company
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