Church & Dwight names Lee McChesney as EVP/CFO effective March 24, 2025; Dierker to become CEO April 2
CHURCH & DWIGHT CO INC /DE/
Lee McChesney (ex-CFO of MSA Safety) joins as EVP & CFO reporting to CEO, replacing Richard Dierker who becomes CEO on April 2.
Base salary of $700,000; target annual bonus 85% of salary; target LTI award 245% of salary.
One-time LTI grant of $2.2M in RSUs vesting ratably over two years; three cash sign-on bonuses totaling $617,222 subject to repayment if employment ends within one year.
McChesney will also receive a Change in Control and Severance Agreement with 2x base salary and target bonus on qualifying termination.
As previously announced, Richard Dierker, the Company’s current Executive Vice President, Chief Financial Officer and Head of Business Operations, will commence his role as the Company’s Chief Executive Officer on April 2, 2025, succeeding Matthew T. Farrell upon Mr. Farrell’s retirement, and Mr. McChesney will succeed Mr. Dierker as CFO.
Appointed
Lee McChesney
Executive Vice President and Chief Financial Officer
On March 14, 2025, Church & Dwight Co., Inc. (the “Company”) announced that Lee McChesney will be elected as Executive Vice President and Chief Financial Officer of the Company, effective on March 24, 2025.
succeeding Matthew T. Farrell upon Mr. Farrell’s retirement
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Richard Dierker changed role as Chief Executive Officer at CHURCH & DWIGHT CO INC /DE/.
Action
will commence his role as CEO
Role
Chief Executive Officer
Exact text from the filing
As previously announced, Richard Dierker, the Company’s current Executive Vice President, Chief Financial Officer and Head of Business Operations, will commence his role as the Company’s Chief Executive Officer on April 2, 2025, succeeding Matthew T. Farrell upon Mr. Farrell’s retirement, and Mr. McChesney will succeed Mr. Dierker as CFO.
Lee McChesney was appointed as Executive Vice President and Chief Financial Officer at CHURCH & DWIGHT CO INC /DE/.
Action
appointed
Role
Executive Vice President and Chief Financial Officer
Exact text from the filing
On March 14, 2025, Church & Dwight Co., Inc. (the “Company”) announced that Lee McChesney will be elected as Executive Vice President and Chief Financial Officer of the Company, effective on March 24, 2025.
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