Scotts Miracle-Gro Co. CEO and Chairman Jim Hagedorn has changed his plans and is remaining at his posts, the lawn and garden products company said Friday. At the same time, the company said its president and chief operating officer, Mark Baker, has left the company.
Hagedorn had announced in 2008 that he planned to retire as CEO during the current fiscal year.
“While I thought I wanted to step aside after I turned 55, I've decided I want to stay engaged in the business and, with the approval of our board of directors, intend to do so,” Hagedorn said in a statement.
The lawn care company offered no explanation in a news release for the departure of Baker, who had also been a board member.
Scotts said it named Barry Sanders, executive vice president of the global consumer segment, as its new president.
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