Central Garden & Pet appoints Randal D. Lewis to board, boosts buyback by $100M

CENTRAL GARDEN & PET CO

Appointed Randal D. Lewis, former Spectrum Brands EVP & COO, as director effective Dec 11, 2024.
Lewis brings 34+ years in consumer products, including pet and garden leadership at Spectrum.
Board increased stock repurchase authorization by $100M to approximately $130M total.
Company cites stock as undervalued; buyback expected to increase future EPS.
Repurchase program has no expiration date; may be modified or suspended anytime.

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