Church & Dwight Co., Inc.
Church & Dwight Announces CFO Appointment and CEO Transition
Summary
On March 14, 2025, Church & Dwight Co., Inc. announced that Lee McChesney will be appointed as Executive Vice President and Chief Financial Officer, effective March 24, 2025. Richard Dierker, the current Executive Vice President and Chief Financial Officer, will succeed Matthew T. Farrell as Chief Executive Officer on April 2, 2025. McChesney's compensation includes a base salary of $700,000, a target annual bonus of 85% of his base salary, and various incentive awards.
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About Church & Dwight Co., Inc.
Church & Dwight Co., Inc. is a specialty consumer goods company renowned for its production and marketing of household, personal care, and specialty products globally. The company's portfolio is anchored by its iconic Arm & Hammer brand, famous for baking soda and other diverse product lines, which include detergents and cat litter. Founded in 1846, Church & Dwight has expanded its brand reach to incorporate varied segments such as household cleaning with products like OxiClean, and personal care with products under brands like Batiste, Waterpik, and Trojan. Offering products that cater to both consumer and commercial markets, it effectively serves sectors ranging from health and wellness to food and beverage, reflecting broad market penetration. Church & Dwight’s strategic acquisition strategy and robust brand recognition underscore its role as a key player in the consumer goods industry, driving innovation while maintaining a stronghold in both U.S. and international markets.
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