ScottsMiracle-Gro Announces Promotion Of Nate Baxter To COO; Mike Lukemire To Remain President Until Retirement In FY24
Portfolio Pulse from Benzinga Newsdesk
ScottsMiracle-Gro has announced the promotion of Nate Baxter to the position of COO. Mike Lukemire will continue to serve as President until his retirement in FY24.
August 28, 2023 | 11:17 am
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NEUTRAL IMPACT
ScottsMiracle-Gro's promotion of Nate Baxter to COO could bring fresh perspectives and strategies to the company. Mike Lukemire's continued presence as President until FY24 ensures stability.
The promotion of Nate Baxter to COO could bring new strategies and perspectives to ScottsMiracle-Gro, potentially impacting the company's performance. However, the continued presence of Mike Lukemire as President until his retirement in FY24 ensures a degree of stability, which could mitigate any potential short-term volatility in the company's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100