x

Posted 05 March, 2024

HELEN OF TROY LTD appointed Geoffroy as new CEO

Nasdaq:HELE appointed new Chief Executive Officer Geoffroy in a 8-K filed on 05 March, 2024.


  Consistent with the Company's succession plan, Ms. Geoffroy was appointed Chief Executive Officer ("CEO") effective as of March 1, 2024, following the retirement of Julien R. Mininberg on February 29, 2024, the Company's former CEO.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of HELEN OF TROY LTD
Consumer Goods • Personal Care Products/Appliances
Helen of Troy Ltd. engages in the manufacture and distribution of personal care and household products. It operates through the Home and Outdoor, and Beauty and Wellness segments. The Home and Outdoor segment offers food preparation tools, containers, electronics, baby care, and cleaning products. The Beauty and Wellness segment develops and provides products including mass and prestige market beauty appliances, prestige market liquid-based hair and personal care products, and wellness devices including thermometers, water and air filtration systems, humidifiers, and fans. The company was founded by Gerald J. Rubin and Stanlee N. Rubin in 1968 and is headquartered in Hamilton, Bermuda.
Market Cap
$2.95B
View Company Details
HELEN OF TROY LTD by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


(b) and (d) On February 28, 2024, the Board of Directors (the "Board") of Helen of Troy Limited (the "Company") approved the appointment, effective as of March 1, 2024, of Noel M. Geoffroy to serve as a director of the Company until the next annual general meeting of shareholders or until her respective successor has been duly elected or appointed, or until her earlier death, resignation or separation from the Company. The Board also intends to nominate Ms. Geoffroy as a director of the Company at its next annual general meeting of shareholders. 


Consistent with the Company's succession plan, Ms. Geoffroy was appointed Chief Executive Officer ("CEO") effective as of March 1, 2024, following the retirement of Julien R. Mininberg on February 29, 2024, the Company's former CEO. Upon his retirement, Mr. Mininberg also resigned as a director of the Company. The foregoing information and events described in this paragraph was previously disclosed in Item 5.02 of the Company's Current Report on Form 8-K filed on April 26, 2023, which Item is incorporated herein by reference. 


As an employee director, Ms. Geoffroy will not serve on any of the Board's independent committees and will not receive any remuneration for her service as a member of the Board. There are no arrangements or understandings between Ms. Geoffroy and any other persons pursuant to which she was appointed as a director of the Company. There are no family relationships between Ms. Geoffroy and any director, executive officer or any person nominated or chosen by the Company to become a director or executive officer. There are no related person transactions (within the meaning of Item 404(a) of Regulation S-K) between Ms. Geoffroy and the Company.