Press release
Helen of Troy Announces CEO Succession Plan
Julien Mininberg Intends to Retire in February 2024 Noel Geoffroy, Currently COO, Appointed to Become CEO Effective March 1, 2024 EL PASO, Texas--(BUSINESS
About this update from Helen Of Troy Limited
[{"type":"text","content":"\nJulien Mininberg Intends to Retire in February 2024\n\n\nNoel Geoffroy, Currently COO, Appointed to Become CEO Effective March 1, 2024\n\n\n EL PASO, Texas--(BUSINESS WIRE)--\nHelen of Troy Limited (NASDAQ: HELE), designer, developer, and worldwide marketer of branded consumer home, outdoor, beauty, and wellness products, today announces that Julien R. Mininberg, the Company’s Chief Executive Officer (CEO), intends to retire on February 29, 2024 when his employment agreement expires. The Company’s Board of Directors has unanimously appointed Noel Geoffroy, the Company’s Chief Operating Officer (COO), to succeed Mr. Mininberg as CEO, effective March 1, 2024.\n\n\n“Serving as Helen of Troy’s CEO has been an honor and a privilege,” said Julien Mininberg. “When I retire next February, it will be my turn to slow down a bit, spend more time with my family, and focus on personal priorities after what will be 10 years as Helen of Troy’s CEO and 34 years in the consumer products industry. I am proud of the exceptional work of our passionate, dedicated associates. They have given their all to build our business and brands, while creating strong global shared services and a scalable operating platform. Since the start of our Transformation Plan in 2014, we have united under a common consumer-centric vision, positive culture, and bedrock core values that enabled us to elevate lives and soar together. We are all working toward a strong finish to Phase II of our Transformation in fiscal year 2024, and are driving our global restructuring plan, Project Pegasus, to fuel the next chapters of growth and efficiency.\n\n\nLooking ahead, I believe the Company will be in excellent hands under Noel’s leadership. She will become only the third CEO in the Company’s 55-year history. Helen of Troy is well-positioned to deliver the next era of sustained growth. I expect Noel and the team will perform with excellence for the benefit of all stakeholders. She has proven herself as COO and I believe is the right choice to lead the Company. She brings outstanding experience, fresh eyes, and a winning attitude that have already fueled significant contributions. These include her leadership of Project Pegasus, and the step-up in our brand building and go-to-market capabilities she is leading now. I look forward to working with Noel over the remainder of Fiscal ...