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Clorox ( (CLX) ) has provided an announcement.
The Clorox Company announced that Kevin Jacobsen, their Chief Financial Officer, will retire on April 1, 2025, after nearly 30 years with the company. Jacobsen has been pivotal in driving the company’s IGNITE strategy and achieving strong financial results. Luc Bellet, currently Clorox’s Vice President and Treasurer, will succeed Jacobsen as CFO. Bellet, who has been with Clorox since 2006, is expected to continue driving the company’s growth, particularly in its digital transformation efforts. The transition is seen as a testament to Clorox’s effective succession planning and is anticipated to enhance long-term shareholder value.
More about Clorox
The Clorox Company, headquartered in Oakland, California, is a leading manufacturer of consumer and professional products. Its portfolio includes well-known brands such as Clorox, Brita, Burt’s Bees, Fresh Step, Glad, Hidden Valley, and Kingsford. Notably, the company has been recognized for its sustainability efforts, achieving the top rank on Barron’s 100 Most Sustainable Companies list for two consecutive years.
YTD Price Performance: 0.42%
Average Trading Volume: 1,187,682
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $19.71B
Learn more about CLX stock on TipRanks’ Stock Analysis page.
