Corporate Stock Market

ScottsMiracle-Gro Nominates Edith Avilés To Board of Directors & Planned Reitrement of Brian Finn

Scotts Miracle-Gro (NYSE:SMG) Quarter results

The ScottsMiracle-Gro Company (NYSE: SMG), announced that its Board of Directors has nominated Edith Avilés to stand for election to the Board at the upcoming 2023 Annual Meeting of Shareholders.

Ms. Avilés has over 30 years of experience in the finance industry, where she has cultivated key relationships and executed growth strategies to deliver strong financial performance across complex global organizations. Currently, she is a managing director in the global investor relations team at Clayton Dubilier & Rice. She previously held leadership roles at Natixis, most recently serving as vice chair of the Americas. Before that, she held senior positions at BNP Paribas and Chase Manhattan Corporation (now JP Morgan Chase).

“We look forward to welcoming Edith to our Board of Directors, as her deep experience in capital markets and leveraged finance will bring an added level of expertise and insights into our Board processes. Her fresh perspectives will be beneficial as we continue on the path of strengthening our balance sheet and improving our overall financial performance,” said Jim Hagedorn, chairman of the Board.

Ms. Avilés is being nominated to succeed Brian Finn, who has decided to retire from the Board at the end of his term at the 2023 Annual Meeting to focus on his family and other interests. “I want to thank Brian for his exemplary service,” Hagedorn said. “Brian’s experience and financial expertise have been invaluable to the Board over the past eight years, and we appreciate his many contributions to the Company.”

Image provided by The ScottsMiracle-Gro Company

1 Comment

  • […] Jim Hagedorn, chairman, and CEO, commented on the first quarter results: “our first quarter results show our disciplined approach to improving operational and financial performance, positioning the company for long-term growth and shareholder value. The U.S. Consumer business had strong results with record December shipments. While the Hawthorne segment is facing challenges, the company is committed to returning to profitability by the end of the fiscal year. In addition, project Springboard is expected to deliver savings above the initial target, providing opportunities to reinvest in the business. As a result, the company is stable and well prepared to execute its full-year plan.” […]

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