The Scotts Miracle-Gro Corporate introduced that Matthew Garth has been named govt vice chairman and leader monetary officer, efficient December 1, 2022.
Garth brings greater than 25 years of economic enjoy to ScottsMiracle-Gro, having led a complete supplement of purposes in each company and running finance, from treasury and investor members of the family to monetary making plans and research, amongst others. Maximum lately, he used to be a primary monetary officer and senior vice chairman of treasury and finance for Minerals Applied sciences, Inc. (NYSE: MTX). He in the past held senior monetary positions with Alcoa, Inc.
“Matt shows an outstanding mixture of economic acumen and top efficiency, making him a useful addition to our govt crew,” stated Jim Hagedorn, chairman, and CEO of ScottsMiracle-Gro. “He has led all facets of the core finance serve as and has effectively equipped monetary management in difficult instances. Simply as importantly, he’s an action-oriented spouse to the operations aspect of the industry, giving me self belief that he’s going to temporarily make a favorable have an effect on as we additional rightsize our price construction and reinforce our monetary efficiency.
“Matt’s tenure in his earlier management roles used to be interesting, because it signaled his willingness no longer best to take complete duty for attaining effects over the long run but additionally to function successfully via wide-ranging scenarios.”
Garth will be triumphant David Evans, a member of the ScottsMiracle-Gro Board of Administrators, who used to be named intervening time CFO on August 30, 2022, and can proceed in that function till Garth joins the Corporate. Evans will stay as an in depth consultant to Garth during the calendar yr to verify a easy transition.
“I stay up for becoming a member of ScottsMiracle-Gro and dealing intently with the crew to navigate near-term demanding situations and to put the Corporate for monetary energy and long-term price introduction,” Garth stated.
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