---
schema_version: "secwatch.filing_event.v1"
accession: "0001443984-22-000242"
form_type: "8-K"
ticker: "SMG"
cik: "0000825542"
company_name: "SCOTTS MIRACLE-GRO CO"
filed_at: "2022-09-01T23:59:59+00:00"
generated_at: "2026-06-23T18:13:02.976294+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scotts Miracle-Gro CFO Miller departs; Evans named interim CFO; FY22 FCF guidance revised to -$275M to -$325M

## Summary
- CFO Cory Miller departed effective Aug 29 by mutual agreement, treated as involuntary termination without cause.
- David Evans, board member and former CFO (2006-2013), appointed interim CFO effective Aug 30, 2022.
- Evans to receive $140,625/month salary and $1,075,000 RSU grant vesting monthly through March 2023.
- FY2022 free cash flow guidance revised to negative $275M-$325M from negative $150M; all other guidance reaffirmed.
- Leverage ratio likely >6.0x debt-to-EBITDA at year-end but in compliance with amended credit facility.

## SEC filing metadata
- accession: 0001443984-22-000242
- form_type: 8-K
- ticker: SMG
- cik: 0000825542
- company_name: SCOTTS MIRACLE-GRO CO
- filed_at: 2022-09-01T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/825542/000144398422000242/0001443984-22-000242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/825542/000144398422000242/smg-20220901.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001443984-22-000242
- JSON: https://secwatch.observer/filing/0001443984-22-000242.json
- Plain text: https://secwatch.observer/filing/0001443984-22-000242.txt

## Key facts
- Executive change
  David C. Evans was appointed as interim Chief Financial Officer at SCOTTS MIRACLE-GRO CO.
  - Action: appointed
  - Role: interim Chief Financial Officer
  source text: On August 31, 2022, the Company announced that its Board of Directors appointed David C. Evans, 59, as interim Chief Financial Officer, effective August 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/825542/000144398422000242/0001443984-22-000242-index.htm
- Executive change
  Cory J. Miller departed as Executive Vice President and Chief Financial Officer at SCOTTS MIRACLE-GRO CO.
  - Action: departed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On August 29, 2022, The Scotts Miracle-Gro Company (the “Company”) and Cory J. Miller, Executive Vice President & Chief Financial Officer, mutually agreed that he will depart his position as Executive Vice President & Chief Financial Officer effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/825542/000144398422000242/0001443984-22-000242-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.