The Scotts Miracle - Gro Company latterly announced a reorganization of its executive team keep up the contrive retirements of President Mike Lukemire , and Executive Vice President of Global Human Resources and Chief Ethics Officer Denise Stump .
Lukemire , 65 , and Stump , 69 , longtime executive team members with over 20 years of experience each at the troupe , will retire under a mutually agreed upon succession plan on October 1 , 2023 , the start of ScottsMiracle - Gro ’s 2024 financial year . Replacing Stump is Julie DeMuesy , 52 , most recently senior frailty president of human resources operations , who has been promoted to senior vice president , chief human resource police officer , and chief ethics officer . DeMuesy has been with the Company for 13 cumulative years , serve in a miscellanea of roles with increasing obligation . Jim Hagedorn , 68 , chairman and CEO , will assume the additional duties of chair upon Lukemire ’s difference .
In a related move , Matt Garth , 49 , who joined the Company in December 2022 as executive frailty president and CFO , has been named to the expanded role of chief administrative ship’s officer . This follow the September 2023 promotion of Nate Baxter , 50 , who joined the Company in May 2023 as an executive vice president , to master operating officer . Under the raw executive social system , Baxter is responsible for cognitive process office , include Supply Chain , Sales , Marketing , R&D , and Information Technology , among others . Garth is responsible for for incarnate function , admit Finance , Strategy , Legal , Investor Relations , and Corporate Communications , among others . Led by Hagedorn , the executive team includes Baxter , Garth , DeMuesy , Dimiter Todorov , 51 , executive vice president , general guidance , and collective repository , and Chris Hagedorn , 38 , division Chief Executive in charge of wholly - owned subsidiary Hawthorne Gardening Company . The executive squad restructuring coincide with diminution in other fourth-year positions , chiefly at the vice president and elderly vice president levels .
" We have been on a journey to metamorphose ScottsMiracle - Gro for next maturation and increasing shareholder note value , " Jim Hagedorn said . " We ’re right - sizing into a leaner , less layered , and more nimble organization up to of promptly adjusting to macroeconomic factors and capitalize on opportunities . The executive changes reflect our commitment to continuous improvement , streamlining the team , and shifting responsibilities for start the Company to our next - multiplication leader . I look forward to bring with this team to drive success for ScottsMiracle - Gro . "
" As we focus on financial 2024 , the price - outs and efficiencies gained through our Project Springboard initiative this past year will enable us to redeploy resources into the most crucial view of the business that kick in to our competitive edge and market leaders , notably our firebrand , innovation and merchandising . "
The Company will supply details when it report financial 2023 earnings on November 1 , 2023 , when it also will hold its quarterly conference call with investor .
" I need to thank Mike and Denise for their partnership and friendship over the many yr , " Hagedorn added . " Together , we have achieved groundbreaking ceremony resolution for our Company and our associates . Their accomplishments are many , and I consider it a existent pleasance to have work alongside both of them . We bid them the practiced . "
For more information : Scotts Miracle - GroTel . : +1 ( 888 ) 270-3714scottsmiraclegro.com
