CEO Tim Cofer departs; Beth Springer named interim CEO; reaffirms FY2023 guidance

CENTRAL GARDEN & PET CO

Tim Cofer resigns as CEO effective Oct 6, 2023 to join Keurig Dr Pepper as COO, becoming CEO in Q2 2024.
Lead Independent Director Beth Springer appointed interim CEO while board searches for permanent successor.
Central reaffirms fiscal 2023 non-GAAP EPS of $2.55 or better.
Springer has over 20 years at Clorox; served on Central board since 2013.

item 5.02 item 9.01

Executive movements

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Appointed (interim)

Mary Beth Springer

Principal Executive Officer (interim)

CENT · CENTRAL GARDEN & PET CO

Effective: 2023-10-06
Filed: September 20, 2023, 7:59 PM ET

Effective as of the close of business on October 6, 2023, Mary Beth Springer, a member of the Company’s Board of Directors, will serve as the Company’s principal executive officer on an interim basis while the Company conducts a search for Mr. Cofer’s replacement as the Company’s Chief Executive Officer.

Departed

Timothy P. Cofer

Chief Executive Officer

CENT · CENTRAL GARDEN & PET CO

Effective: 2023-10-06
Successor: Mary Beth Springer
Filed: September 20, 2023, 7:59 PM ET

On September 18, 2023, Timothy P. Cofer, the Chief Executive Officer of Central Garden & Pet Company (the “Company”), announced his intention to resign as Chief Executive Officer, effective as of the close of business on October 6, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mary Beth Springer was appointed as Principal Executive Officer (interim) at CENTRAL GARDEN & PET CO.

Action: appointed
Role: Principal Executive Officer (interim)

Exact text from the filing

Effective as of the close of business on October 6, 2023, Mary Beth Springer, a member of the Company’s Board of Directors, will serve as the Company’s principal executive officer on an interim basis while the Company conducts a search for Mr. Cofer’s replacement as the Company’s Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy P. Cofer resigned as Chief Executive Officer at CENTRAL GARDEN & PET CO.

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On September 18, 2023, Timothy P. Cofer, the Chief Executive Officer of Central Garden & Pet Company (the “Company”), announced his intention to resign as Chief Executive Officer, effective as of the close of business on October 6, 2023.

View on SEC.gov

CENTRAL GARDEN & PET CO filing history →

Source: SEC EDGAR

accession 0001157523-23-001433

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