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In addition, in 2014 he was appointed to the newly created position at Clorox of executive chairman. While CEO at Clorox, Knauss led the 2007 purchase of Burt's Bees for $925m, which was in response to the firm's sluggish growth in other areas. [1] [8] In the fiscal year of 2014, with Knauss in these executive roles, Clorox generated $5.6bn. [1]
Clorox is a global manufacturer and marketer of cleaning supplies, bags and wrap foods, personal care, water filtration, grilling, pet care and other products. It was founded in 1913 as the first commercial-scale liquid bleach manufacturer in the U.S. and has acquired several brands such as Burt's Bees, Brita, Kingsford and Hidden Valley.
At the time that Clorox became independent, bleach was the company's only product. Shetterly immediately launched an effort to expand and diversify the company's portfolio, adding, among other brands, Liquid-Plumr and Clorox 2 in 1969, Formula 409 in 1970, Litter Green in 1971, Hidden Valley Ranch in 1972, and Kingsford in 1973. [5]
The Clorox Company is best-known for its namesake bleach, but chances are you've got more than one Clorox product in your house. Cleaners like Formula 409, Pine-Sol, and Liquid PlumR, Glad garbage ...
Clorox said it's too soon to tell if the financial effects will last beyond that. Clorox initially disclosed the breach in a Securities and Exchange Commission filing on Aug. 14.
The cybersecurity violation was first discovered Aug. 14 when the company detected unauthorized activity on several IT systems, Clorox said in a Securities and Exchange Commission filing Monday.
Burt's Bees is an American subsidiary of Clorox that makes products for personal care, health, beauty and hygiene. Founded in 1984 by Burt Shavitz and Roxanne Quimby, the company started with beeswax candles and expanded to lip balm, lotions, shampoos and more.
Clorox's earnings per share grew at an average of 11.3% per year over the past ten years. That's well above the market average, and puts the company in the top tier of large-cap companies.