8-K filed September 27, 2023, 7:59 PM ET ticker SMG CIK 0000825542

leadership confidence high sentiment neutral materiality 0.55

Scotts Miracle-Gro President and EVP HR retire; CEO adds President title; CFO adds CAO role

SCOTTS MIRACLE-GRO CO

President Mike Lukemire (65) and EVP HR Denise Stump (69) retire effective Oct 1, 2023, under mutually agreed succession plan.
CEO Jim Hagedorn assumes additional President title; CFO Matt Garth adds Chief Administrative Officer with salary increase to $950k.
Julie DeMuesy promoted to SVP, Chief HR Officer and Chief Ethics Officer, succeeding Stump.
Restructuring eliminates other VP/SVP positions as part of 'right sizing' to create a leaner, more agile organization.
Company will report fiscal 2023 earnings on November 1, 2023.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Denise Stump

Executive Vice President, Global Human Resources and Chief Ethics Officer

SMG · SCOTTS MIRACLE-GRO CO

Effective: 2023-10-01
Filed: September 27, 2023, 7:59 PM ET

On September 25, 2023, the Company and each of Michael C. Lukemire and Denise Stump mutually agreed to an acceleration of their retirement from the Company effective October 1, 2023.

Role change

Jim Hagedorn

President

SMG · SCOTTS MIRACLE-GRO CO

Effective: 2023-10-01
Filed: September 27, 2023, 7:59 PM ET

the Board elected Jim Hagedorn, our Chairman and Chief Executive Officer, to the additional title of President.

Departed

Michael C. Lukemire

President

SMG · SCOTTS MIRACLE-GRO CO

Effective: 2023-10-01
Successor: Jim Hagedorn
Filed: September 27, 2023, 7:59 PM ET

On September 25, 2023, the Company and each of Michael C. Lukemire and Denise Stump mutually agreed to an acceleration of their retirement from the Company effective October 1, 2023.

Role change

Matthew E. Garth

Chief Administrative Officer

SMG · SCOTTS MIRACLE-GRO CO

Effective: 2023-10-01
Filed: September 27, 2023, 7:59 PM ET

The Board also elected Matthew E. Garth, our current Executive Vice President and Chief Financial Officer, to the additional title of Chief Administrative Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Denise Stump retired as Executive Vice President, Global Human Resources and Chief Ethics Officer at SCOTTS MIRACLE-GRO CO.

Action: retired
Role: Executive Vice President, Global Human Resources and Chief Ethics Officer

Exact text from the filing

On September 25, 2023, the Company and each of Michael C. Lukemire and Denise Stump mutually agreed to an acceleration of their retirement from the Company effective October 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jim Hagedorn was appointed as President at SCOTTS MIRACLE-GRO CO.

Action: appointed
Role: President

Exact text from the filing

the Board elected Jim Hagedorn, our Chairman and Chief Executive Officer, to the additional title of President.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael C. Lukemire retired as President at SCOTTS MIRACLE-GRO CO.

Action: retired
Role: President

Exact text from the filing

On September 25, 2023, the Company and each of Michael C. Lukemire and Denise Stump mutually agreed to an acceleration of their retirement from the Company effective October 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew E. Garth was appointed as Chief Administrative Officer at SCOTTS MIRACLE-GRO CO.

Action: appointed
Role: Chief Administrative Officer

Exact text from the filing

The Board also elected Matthew E. Garth, our current Executive Vice President and Chief Financial Officer, to the additional title of Chief Administrative Officer.

View on SEC.gov

SCOTTS MIRACLE-GRO CO filing history →

Source: SEC EDGAR

accession 0001546380-23-000028

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