Clorox CFO Kevin Jacobsen to Retire; Luc Bellet Named CFO

Leadership Transition - The Clorox Company announced the retirement of Chief Financial Officer Kevin Jacobsen effective April 1, 2025, after nearly 30 years with the company [1] - Luc Bellet, an 18-year veteran of Clorox, will succeed Jacobsen as CFO and will work with him on an orderly transition [1][2] - Jacobsen has served as CFO since 2018 and has been instrumental in driving the company's IGNITE strategy and enhancing shareholder returns [1][2] Succession Planning - CEO Linda Rendle expressed gratitude for Jacobsen's leadership and contributions, highlighting the importance of thoughtful succession planning [2] - Bellet will be appointed executive vice president and CFO, reporting to CEO Linda Rendle, and will serve on the executive committee [2] - Bellet has extensive experience in various leadership roles within Clorox's financial organization, including financial planning and analysis, internal audit, and business development [2][3] Company Performance and Strategy - Jacobsen stated that the company is in a position of operational strength and is entering a significant phase of growth through digital transformation [3] - He expressed confidence in Bellet's ability to drive continued growth and success due to his vast experience across all business aspects [3] Company Overview - The Clorox Company, headquartered in Oakland, California, is known for its trusted brands, including Clorox®, Brita®, and Burt's Bees® [4] - The company has integrated ESG into its business reporting and was ranked No. 1 on Barron's 100 Most Sustainable Companies list for the second consecutive year in 2024 [4]