Edgewell promotes Little to president, CEO role
Edgewell Personal Care has named one of its own to helm the company. The Shelton, Conn.-based company on Thursday named Rod Little, who became CFO last year, to the role of president and CEO effective March 1.
“I am honored to lead Edgewell at this important time for the Company. Despite the challenging market environment, we have significant opportunities to drive growth by building our core brands, taking further decisive actions to operate more efficiently, and reorienting our portfolio to focus on growth opportunities,” Little said. “Edgewell’s strongest competitive advantage is our team of employees who are dedicated to innovating and challenging conventions to advance our business. I look forward to working closely with them and my colleagues on the leadership team to enhance shareholder value by executing on our strategies and building innovative brands that consumers love.”
Little, who joined Edgewell in 2018 and has been CFO at such companies as HSN and Elizabeth Arden, succeeds David Hatfield, who will retire effective March 1, though he will continue as a director of the company’s board until May 1. Little will join Edgewell’s board of directors effective March 1. Independent director John Hunter will serve as non-executive chairman effective March 1, the company said.
“David helped build and lead this business, first as part of Energizer and then as Edgewell’s first CEO,” said lead independent director R. David Hoover. “Over the past 18 months in particular, David helped strengthen Edgewell by increasing investment in new growth initiatives, launching Project Fuel, an enterprise-wide initiative to transform the Company’s business and cost structure, and strengthening the management team with key leadership changes. We are grateful for David’s numerous contributions and his commitment to Edgewell and wish him all the best in his retirement.”
Hunter said, “I am pleased to accept the position of non-executive chairman of Edgewell’s board and look forward to helping Rod lead Edgewell to a successful future. The board will continue to put Edgewell’s shareholders first and focus on helping the company create value as we move forward.”
Edgewell said it was conducting a search to find a new CFO.
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