Central Garden & Pet Company Announces CEO Transition Planning
Summary
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA), a leading innovator, producer and distributor of branded and private label products for the lawn & garden and pet supplies markets, said today that President and Chief Executive Officer George Roeth has announced his intention to retire from his roles, effective at the end of the Company’s fiscal year on September 28, 2019. Importantly, Central also demonstrated significant improvement in its digital capabilities and strategic execution of a growth plan that positions the Company for an exceptional future. Looking ahead, the Board will focus on finding the right leader who will continue to champion Central’s culture of entrepreneurship, customer-first orientation, and collaboration to help drive the Company’s positive trajectory. We are committed to empowering our team to take charge, innovate, and execute on our strategy of building scale and efficiency in our core businesses, including our pursuit of promising organic and M&A-driven growth opportunities ahead for Central.” Mr. Roeth said, “It has been a privilege to lead this extraordinary group of people in driving Central’s continued success. I am confident in both our plan for the current fiscal year and also the long-term health of the organization and businesses.” Bill Brown, Former Chairman and Chief Executive Officer of Central Garden & Pet, said, “I am grateful to George for stepping in as he did, for bringing his learnings to our business model, and helping us develop into a more strategic and better company.