OAKLAND,
Calif., Jan. 28, 2025 /PRNewswire/ -- The Clorox
Company (NYSE: CLX) today announced that after nearly 30 years with
the company, Chief Financial Officer Kevin
Jacobsen has decided to retire effective April 1. Luc
Bellet, an 18-year Clorox veteran, will succeed Kevin and
they will work together on an orderly transition.
Jacobsen joined Clorox in 1995 and has served as CFO since 2018.
During his tenure as CFO, Jacobsen has driven the company's IGNITE
strategy and played a significant role in evolving the company's
portfolio while delivering strong financial results and total
shareholder returns, which were in part enabled by his guidance on
the company's strong margin transformation efforts.
"Kevin has been a change agent in driving our overall
transformation and execution of our IGNITE strategy. I want to
extend my heartfelt gratitude to Kevin for his partnership,
leadership and numerous contributions to Clorox, and I wish him the
very best in his retirement," said Linda
Rendle, Chair and CEO. "We are fortunate to have a strong
leader in Luc Bellet ready to step
into this important role, which is a testament to Kevin's continued
development of his team and our thoughtful succession planning. I'm
confident that Luc will build on the solid foundation Kevin has
created as we drive profitable growth for the future and enhance
long-term shareholder value."
Effective April 1, Bellet will be
appointed executive vice president and chief financial officer,
reporting to CEO Linda Rendle, and
will serve on the company's executive committee. Bellet is
currently Clorox's treasurer and has worked in leadership roles in
all facets of the company's financial organization – including
financial planning and analysis, internal audit and business
development.
"Our business is in a position of operational strength and we're
embarking on an important phase of growth through our digital
transformation," said Jacobsen. "Luc is the right leader to drive
our business forward at this time, and I'm confident that his vast
experience across all aspects of our business will enable continued
growth and success."
Kevin will actively serve in his CFO role through the transition
on April 1 and then continue at
Clorox in an advisory capacity until his retirement in June.
About The Clorox Company
The Clorox Company (NYSE: CLX) champions people to be well and
thrive every single day. Its trusted brands include Brita®, Burt's
Bees®, Clorox®, Fresh Step®, Glad®, Hidden Valley®, Kingsford®,
Liquid-Plumr® and Pine-Sol® as well as international brands such as
Clorinda®, Chux® and Poett®. Headquartered in Oakland, California, since 1913, Clorox was
one of the first in the U.S. to integrate ESG into its business
reporting. In 2024 the company was ranked No. 1 on Barron's 100
Most Sustainable Companies list for the second consecutive year.
Visit thecloroxcompany.com to learn more.
CLX-F
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SOURCE The Clorox Company
