WS News
29 Jan 2025, 10:48
The Clorox Company announced that its Chief Financial Officer, Kevin Jacobsen, will retire on April 1, 2025, after nearly 30 years of service. He will remain in an advisory role until June 2025.
Luc Bellet, currently Vice President – Treasurer, has been appointed as Executive Vice President – Chief Financial Officer, effective April 1, 2025. Bellet, who has been with Clorox since 2006, has held various senior leadership roles in finance, including in financial planning and analysis and internal audit.
As part of his new role, Bellet’s base salary will increase to $725,000, and his short-term incentive target will rise from 50% to 100% of his salary. He will also receive restricted stock units worth $400,000, vesting over four years, and performance shares valued at $600,000 with a three-year performance period ending June 30, 2027.
Luc Bellet, currently Vice President – Treasurer, has been appointed as Executive Vice President – Chief Financial Officer, effective April 1, 2025. Bellet, who has been with Clorox since 2006, has held various senior leadership roles in finance, including in financial planning and analysis and internal audit.
As part of his new role, Bellet’s base salary will increase to $725,000, and his short-term incentive target will rise from 50% to 100% of his salary. He will also receive restricted stock units worth $400,000, vesting over four years, and performance shares valued at $600,000 with a three-year performance period ending June 30, 2027.
