In a significant leadership change, household products giant Clorox has announced that its Chief Financial Officer (CFO), Kevin Jacobsen, will retire after three decades of dedicated service. Effective April 1, Luc Bellet, the company's current treasurer, will assume the role of CFO. Jacobsen will remain with Clorox in an advisory capacity until June 2025 to ensure a smooth transition. This strategic move aligns with Clorox's vision for growth and digital transformation.

Bellet brings extensive experience within Clorox, having spent 18 years in various executive and operational roles. Since October 2023, he has served as Vice President and Treasurer. Prior to this, Bellet was responsible for financial planning and analysis for five years. With his appointment, Clorox has enhanced Bellet’s compensation package, reflecting his elevated responsibilities. The new CFO will play a pivotal role as the company aims to recover from a cyberattack in 2023, which caused significant disruptions and financial losses. Clorox is now focused on regaining stability and fostering steady growth.

Under Jacobsen's leadership, Clorox navigated through challenging times, including a cyberattack and market volatility. His strategic management of cash positions and organizational transformations positioned the company for recovery. CEO Linda Rendle highlighted the company's operational strength heading into fiscal 2025, noting a successful restoration of supply and distribution networks. Clorox reported a 27% increase in net sales for the quarter ending September 30, 2024, signaling a promising future. The company remains committed to innovation and resilience, setting the stage for continued success and sustainable growth.