Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On January 25, 2021, Benno Dorer notified the board of directors (the "Board")
of The Clorox Company (the "Company") that he is resigning from the Board
effective February 15, 2021. Mr. Dorer served as chief executive officer of the
Company from November 2014 to September 2020, and was appointed chair of the
Board in August 2016. He has continued to serve as the Board's executive chair
since September 2020.
On January 27, 2021, the independent members of the Board appointed Matthew
Shattock as Independent Chair of the Board, effective February 15, 2021.
In addition, Pamela Thomas-Graham notified the Company on January 25, 2021, that
she has decided not to stand for re-election to the Board at the end of her
current term, which ends in November 2021. Further, in connection with Mr.
Shattock's appointment as independent chair, Ms. Thomas-Graham will step down as
lead independent director.
The Board also appointed Esther Lee as chair of the Nominating, Governance and
Corporate Responsibility Committee ("NGCRC"), effective February 15, 2021,
replacing Dr. Richard Carmona, who will step down as chair of NGCRC.
Item 7.01 Regulation FD Disclosure
Attached hereto as Exhibit 99.1 and incorporated herein by reference is a press
release announcing the resignation of Mr. Dorer, Ms. Thomas-Graham's decision
not to stand for re-election to the Board and the appointment of Mr. Shattock
and Ms. Lee.
© Edgar Online, source Glimpses